1202 #1 Ridgewood Ave Holly Hl Daytona Beach, FL 32117
Sponsored
10-Unit Apartment Building, High ROI
Property size:
2,640 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 1202 #1 Ridgewood Ave Holly Hl
General Information
- Property type
- Multifamily properties
- Square Feet
- 2,640 SF
Building Details
- Units
- 10
HighLights
- 10‑unit apartment building in Holly Hill, FL, offering a 9.52% cap rate and $76,200 NOI.
- Pro‑forma NOI projected at $88,200, resulting in an 11.02% pro‑forma cap rate.
- Asking price: $800,000 ($80,000 per unit).
- Ten efficiency units, each rented at $850-$1000/month.
- Comprehensive HOA ($265/unit) covers water, electric, gas, internet, cable, landscaping, insurance, and pest control.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0699462
- Latitude
- 29.240991
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 10-Unit Apartment Building, High ROI
Where is this multifamily property located?
The property is located at 1202 #1 Ridgewood Ave Holly Hl Daytona Beach, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 10-unit apartment building in Holly Hill, FL, offering a 9.52% cap rate and $76,200 NOI.; Pro-forma NOI projected at $88,200, resulting in an 11.02% pro-forma cap rate.; Asking price: $800,000 ($80,000 per unit).
