• Stabilized Asset with Upside Potential
• Concrete Block Construction
• New Roofs, Plumbing, Water Heaters, Appliances, and AC Systems
• Recently Remodeled Kitchens
• Abundant Off-Street Parking

• Convenient Central Jacksonville Location with Easy Access to Major Employment Hubs and Demand Drivers Throughout Jacksonville
• High Rental Demand Submarket
• High Barrier to Entry Submarket with Limited Development Pipeline
• 400 Feet to Jacksonville University

Marcus & Millichap, as exclusive advisor, is pleased to present Merrill Oaks, a 17-unit apartment community in Jacksonville, FL. Merrill Oaks spans across a spacious 1.82 acres of mature landscaping giving tenants a more private and quiet lifestyle than in a densely built apartment complex. The property consists of four single-story quadraplexes, in which each of the 16 units are one-bedroom/one bath, plus a 1,779 square foot, three-bedroom/two-bath, single-family residence on the south end of the community. All five buildings are 1960’s concrete block construction with newly replaced pitched shingle roofs. The units feature remodeled kitchens, new appliances, AC systems, and water heaters, and have been re-plumbed. The residents also enjoy access to ample off-street parking.

Merrill Oaks is conveniently located off of Merrill Road, 300 feet from the intersection of Merrill Road and University Boulevard, both major east-west and north-south thoroughfares, giving residents easy access to major downtown employment hubs, the Jacksonville International Airport, and the Beaches. Major Points of interest in proximity to Merrill Oaks include Jacksonville University (0.1 miles), Interstate 295 (2.5 miles), Regency Square Mall (4.1 miles), Downtown Jacksonville (4.5 miles), Memorial Hospital (4.8 miles), and the St. Johns Town Center (9.6 miles).

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