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Halifax Court Apartments 121 Marion Ave 28 Unit Apartment Building $3,800,000 ($135,714/Unit) Edgewater, FL 32132
Investment Highlights
- Assumable Loan at 3.75% Fixed
- Tenants Pay for All Utilities
- Concrete Block Construction
Executive Summary
100Units.com presents Halifax Court Apartments which is a 28 unit multifamily complex. The property is constructed of concrete block with pitched shingle
roofing, consisting of 1 two-story apartment building with approximately 28,920 gross square feet and is situated on 1.70 acres. The unit mix is all two bedroom two
bathroom units with approximately 1,025 gross square feet. Electric and water are separately metered and paid for by the tenants. The units feature central HVAC and
a private balcony or patio. Assumable loan at 3.75% fixed, $1,900,000 due in 2032, monthly payments of approximately $9,800.
This property is ideally located just under 5 miles to New Smyrna Beach and under 30 minutes to Daytona Beach International Airport.
roofing, consisting of 1 two-story apartment building with approximately 28,920 gross square feet and is situated on 1.70 acres. The unit mix is all two bedroom two
bathroom units with approximately 1,025 gross square feet. Electric and water are separately metered and paid for by the tenants. The units feature central HVAC and
a private balcony or patio. Assumable loan at 3.75% fixed, $1,900,000 due in 2032, monthly payments of approximately $9,800.
This property is ideally located just under 5 miles to New Smyrna Beach and under 30 minutes to Daytona Beach International Airport.
Property Facts
| Price | $3,800,000 | Lot Size | 1.70 AC |
| Price Per Unit | $135,714 | Building Size | 28,920 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 28 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1985 |
| Property Subtype | Apartment | Parking Ratio | 0.86/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $3,800,000 |
| Price Per Unit | $135,714 |
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.70 AC |
| Building Size | 28,920 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 0.86/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 25 | - | - |
1 1
Property Taxes
| Parcel Number | 8402-49-01-A010 | Improvements Assessment | $1,626,378 |
| Land Assessment | $560,000 | Total Assessment | $2,186,378 |
Property Taxes
Parcel Number
8402-49-01-A010
Land Assessment
$560,000
Improvements Assessment
$1,626,378
Total Assessment
$2,186,378
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Halifax Court Apartments | 121 Marion Ave
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