Student Housing/Multifamily Land

Student Housing/Multifamily Land 17.58+/- Acres.
Designed as 350+ Multifamily Units.
Located in Daytona Beach between Ormond Beach and Port Orange, with access off Nova Road and owners working on access from Clyde Morris Boulevard.
Surrounding older multifamily complexes are enjoying very high occupancy. It is estimated that The Andros Isles. A 360+ unit luxury apartment complex nearby, leased up at a rate of approximately 20 units per month. Sold for over $136,000 per unit in 2012.
3.77 miles from I-95 and I-4 and 2.88 miles from Downtown Daytona Beach.
4.29 miles from Daytona Beach Intl. Airport and 3.00 miles from Halifax Harbor Marina.

Just Minutes to:
$289,000,000 One Daytona mixed-use project.
Trader Joe' s $80,000,000 - 800,000 sf distribution warehouse.
Embry-Riddle Aeronautical University - more than 6,000 faculty and student body and $12,000,000 Research and Technology Park.
Daytona State College - more than 33,000 students annually and 1,797 employees.
Bethune-Cookman University - faculty and student body of more than 3,500.

I-95 exit east on International Speedway Blvd., turn South on Nova Road. Turn right on Forest Glen. Site is at end of street.