9.63% Cap Rate- Multi-Family
SOLD February 2018 for $650,000
1381 Virginia Avenue, Daytona Beach, Florida 32114
| Building Size | 9,732 Square Feet |
| Land Size | 0.6 Acres |
| Units | 10 |
| Zoning | Multi Family |
| Water | City |
| Sewer | City |
| Electric | FPL |
| Year Built | 1981 |
| Construction | Concrete Block |
| CAP Rate | 9.96% |
| Included | 10 Units, 1 Single Family Home |
Remarkable Opportunity!! Pro-forma 9.63%. 10 unit apartment complex with an added bonus of a single family residence. Unit breakdown is four 2BR/2BA, four 2BR/1BA and two 1BR/1BA. House is a two bedroom and two bath with approx. 780 sq ft of living area. Property is well maintained. Rents are below market .
Agent
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Office Phone: (386) 471-4902Mobile: (386) 466-4997
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.