1515 Pullen Rd, Jacksonville, FL 32216

Blanchard Apartments at 1515 Pullen Rd, Jacksonville, FL 32216 offers a rare opportunity to acquire a 24-unit multifamily community in one of Jacksonville’s most connected and employment-driven submarkets. Located just off Beach Boulevard and University Boulevard, the property provides quick access to Downtown Jacksonville, San Marco, EverBank Stadium, the St. Johns Town Center, and the Deerwood/Southside office corridor. This single-story asset features durable concrete block construction across four buildings on 2.45 acres, with a balanced mix of 12 one-bedroom and 12 two-bedroom units. Major recent improvements include brand-new roofs installed in 2024 and refreshed exterior paint, helping reduce near-term capital needs. Approximately 30% of units have been renovated with a proven premium finish package including shaker cabinets, granite countertops, LVP flooring, stainless steel appliances, updated fixtures, and in-unit washer/dryers. The remaining 70% of units offer a clear value-add path for investors to continue renovations and unlock rental upside. Positioned less than one mile from HCA Florida Memorial Hospital, the property benefits from a stable renter base driven by healthcare, office, and retail employment throughout the central Jacksonville corridor.