Rod Fuller - Coldwell Banker Coast
325 8th Street
HOLLY HILL, FL 32117

$1,050,000

Description

Excellent stabilized investment property. Professionally managed apartment building with historically 100% occupancy. Building is in excellent shape and has no deferred maintenance, 7 of the 12 units have been updated with new kitchens, vanities, doors, lighting fixtures and tile. Building is concrete block construction with shingle pitched roof, which is ideal for holding this building long term. 10 of the 12 units have all tile floors, 2 have a mix of tile and carpet. 8 units are 2 bed 1 bath units with a nice open kitchen living room concept. 4 units are 1 bed 1 bath units, that also feature a nice floor plan. Plenty of parking spots for the tenants. Building is located near public transportation and an ideal location near many sources of employment. Building is approximately 1600 feet from the Halifax River, 6 minutes to the beach. The Daytona Beach area is home to numerous colleges and flight schools, all of which are in close proximity to this building, which provides for an increased number of potential tenants. Additional details and financials can be released with signed non-disclosure agreement.

Details

MLS#O5722456
Sub-TypeResale
StatusActive
Year1973
Days On Site27

Features

SQ Feet8,648
Units12
Building(s)1

Market Activity 32117

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Area Information

StateFL
CountyVolusia
CityHOLLY HILL
Zip Code32117
Area32117 - Daytona Beach
Listing VS Median (in 32117)
Price:
$1,050,000
low | high
Med:
$136,900
100% of Average
SqFt:
8,648
low | high
Med:
1,295
100% of Average
$ / SqFt:
$121
low | high
Med:
$106
62.931700680272% of Average
On Site:
27
low | high
Med:
60
45% of Average
Listing Updated: 08/17/2018
MLS Number: O5722456
Listing Provided By:
Byron Hebert  of  24 7 FLORIDA REALTY

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