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Apartments For Sale • 15,237 SF
| $650K Price Improvement results in a stabilized cash on cash return of 11.52% |
| 5 contiguous parcels on 1.5 acres in Daytona Beach, FL with 164 feet of frontage on US-1. |
| 3 buildings with 29 bedrooms and 13 bathrooms, (16 bedrooms rented by the room and the Victorian is currently a short term rental.) |
| Takeover 8.21% cap rate with opportunity to increase revenue immediately on takeover |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Daytona Beach International | 10 min | - | 4.6 mi |
| Orlando Sanford International | 60 min | - | 43.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 18 |
| Type: | Surface |
| Included in Rent: | Yes |