525 E JACKSON STREET, Orlando, FL 32801

  • $16,000,000
525 E JACKSON STREET, Orlando, FL 32801
Canceled Completed

525 E JACKSON STREET, Orlando, FL 32801

525 E JACKSON STREET, Orlando, FL 32801
  • $16,000,000

Overview

Property ID: O6098483
  • Multi-Family, Commercial Sale
  • Property Type
  • 41053
  • Sqft
  • 2006
  • Year Built

Description

The Jackson is a Boutique Mid-rise Condo Building Located in The charming Thornton Park Arts and Theatre District in Downtown Orlando Florida. Buy 28 condominiums in this 52 unit building as a legacy Downtown Orlando Multi Family Asset. After assembling 28 units this asset is available for sale for the first time. With over 41,000 square feet of Class A residential, make this the center piece of your muiti family portfolio.

All 28 units are furnished and leased out producing a Net Operating Income of over $840,000.00 annually. This type of asset doesn’t present itself often. With apartment rents increasing, buy your Downtown Orlando Fractured condos today. The Hoa is in process of adding a gym for use of all owners and tenants, and is actively studying activating the 9th floor rooftop to add more value to this building. The sale includes a total of 61 bedrooms & 52 bathrooms, the 28 units consist of 16 two bedroom, 4 one bedroom, 7 three bedroom, and 1 four bedroom units.

The location and walking score are unparalleled. You can easily walk to many of Downtown’s high end restaurants, the Dr Phillips Performing Arts Center, the Amway Arena, Lake Eola Park and of course all the nightlife. The Jackson is a 30 day minimum high end luxury rental community. All current leases in place are of 1-12 months and units have bigger footprint then most rental units in Orlando. Average unit is 1450 square feet.

Each registered owner at the Jackson
Is entitled to opt in for a First right of refusal on all future sales in the building. If any units are acquired by the new buyer there’s much more additional upside to be had. Buy your piece of Thornton Park by acquiring these 28 units at 525 E Jackson St.

  • Address 525 E JACKSON STREET
  • City Orlando
  • State/county FL
  • Zip/Postal Code 32801
  • Area JACKSON
  • Country US

Details

Updated on September 27, 2023 at 2:21 pm
  • Property ID: O6098483
  • Price: $16,000,000
  • Property Size: 41053 Sqft
  • Land Area: 0.66 Acres
  • Garage Size: x x
  • Year Built: 2006
  • Property Type: Multi-Family, Commercial Sale
  • Property Status: Canceled
  • MLS#: O6098483

Additional details

  • Listing Terms: Cash
  • Roof: Membrane
  • Utilities: BB/HS Internet Capable,Electricity Available,Emergency Power,Phone Available,Sewer Nearby
  • Cooling: Central Air,Mini-Split Unit(s)
  • Flooring: Carpet,Ceramic Tile,Concrete,Laminate,Other,Tile,Tile,Vinyl
  • County: Orange
  • Property Type: Commercial Sale
  • Parking: Deeded,Lighted,Over 30 Spaces,Secured,Under Building
  • Community Features: Sidewalks

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