3333 Monument Rd, Jacksonville, FL 32225

A 230-unit, garden-style apartment complex


Invest in the Portofino Club Apartments in Jacksonville, FL, and capitalize on a property with significant below-market acquisition costs and a strong history of high occupancy. This 230-unit garden-style complex is strategically located in the affluent Hidden Hills neighborhood, close to key employment centers and robust community amenities. With renovations planned for nearly 85% of the units, the property is poised for enhanced value and appeal. Most importantly, the operators on this deal has a strong track record in Jacksonville, having gone full cycle on 11 properties in this market. Join me in this lucrative venture, where I invest right alongside you, ensuring that we are equally committed to the success of our investments.

Targeted Fund Return Projections:

AAR 26%

IRR of 20%

Age Cash-on-Cash of 8.3%

Equity multiple of 2.3x