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8716 Acree Rd - Silver Fox Farms

4,464 SF Speciality Building Offered at £743,328 at a 9.05% Net Initial Yield in Jacksonville, FL 32219

Investment Highlights

  • Incredible amenities unmatched by comparable properties
  • Up and coming wedding and event venue with bookings starting to fill out calendar. Income on strong upward trend!
  • Beautiful four bedroom, 4 bathroom home with full service kitchen, laundry, arcade room, indoor/outdoor TV's

Executive Summary

Atlas Bay Commercial is pleased to present a unique investment opportunity: a fully operational short-term rental and event venue located at 8716 Acree Rd, Jacksonville, FL. This property offers the perfect blend of income generation and flexibility, ideal for investors seeking a turnkey operation in a high-demand market.
•Key Highlights:
-Home consists of 2254 heated sqft, 4 bedrooms, 3.5 bathrooms, two king beds, four queen beds and one sofa bed.
-Established Business Model: Strong historical income as a short-term rental with established clientele.
-Over $22,000 in revenue for July 2024!
-Emerging Wedding Venue: High demand for weddings with several bookings already confirmed for summer/fall 2024. Minimum wedding rate: $8,500 for up to 50 guests, with an additional $20 per person for each guest exceeding 50, up to a maximum of 120 guests.
-Turnkey Operation: Fully furnished and stocked property with minimal work required for the new owner.
-Extensive Amenities: Includes an inground pool, jacuzzi, large outdoor event pavilion, waterfront wedding arch, large private pond, outdoor "saloon", outdoor oyster bar, outdoor covered kitchen with grill, smoker and pizza oven, outdoor shower and spa area, stone paver firepit and circular seating area, front and back covered porches with a variety of seating and lounge areas, arcade room with games, several indoor and outdoor flat screen TVs, outdoor inground basketball hoop, ample open space for activities, private storage area, property fencing, front driveway gate, and mature foliage along the property line for privacy.
-Prime Location: Situated on 2.5 acres of land with private fencing and mature foliage for privacy.
-Strong ROI Potential: Projected increase in rental income due to the expansion into the wedding venue market.
-Professional Management: Property has been professionally managed and maintained with no known deferred maintenance.
•Investment Highlights:
-Asking Price: $1,180,000
-Strong potential for continued income growth
-Established short-term rental business with a growing wedding venue clientele
-Ideal for investors seeking a turnkey operation
• Contact:
-For further information or to submit an offer, please contact Oakley Wrensch, Listing Agent at Atlas Bay Commercial or Dan Fischer, Principal Broker. Oakley can be reached by email at okley@atlasbay.co or by phone at (715) 650-0370.

Data Room Click Here to Access

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £743,328
Price Per SF £167
Sale Type Investment
Net Initial Yield 9.05%
Property Type Speciality
Property Subtype Lodge/Meeting Hall
Lot Size 2.50 AC
Building Size 4,464 SF
Number of Floors 2
Year Built/Renovated 2000/2023

Amenities

  • Waterfront
  • Wheelchair Accessible
  • Air Conditioning

zoning

Zoning Code Residential (0100 Single Family)
Residential (0100 Single Family)
  • Listing ID: 31939521

  • Date on Market: 28/05/2024

  • Last Updated:

  • Address: 8716 Acree Rd, Jacksonville, FL 32219

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