Fantastic investment opportunity with 100% occupancy and an estimated cap rate of 6.83%. Adjacent to Sam's Point Rd providing high visibility and an estimated traffic count of over 21,000 vehicles per day. This building is inside the desirable wellness oriented community of Celadon (https://www.celadonliving.com/). The structure itself is charming & structurally sound, as it was designed in the St. Augustine vernacular, and constructed with top-grade materials such as, aerated autoclave concrete, a metal roof, French doors, and generous porches. This is a great investment opportunity with immediate return in a growing area.
Listing courtesy of Ballenger Realty.