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330 Orange Blossom Dr 8 Unit Apartment Building $1,080,000 ($135,000/Unit) 10.18% Cap Rate Daytona Beach, FL 32119
Investment Highlights
- Strong In Place Income of $11,494 Monthly
- 3 Blocks from Halifax River
- Tenants Pay All Utilities
Executive Summary
Strong In Place Income of $11,494 Monthly
Tenants Pay All Utilities
3 Blocks from Halifax River
Concrete Block Construction
Tenants Pay All Utilities
3 Blocks from Halifax River
Concrete Block Construction
Property Facts
| Price | $1,080,000 | Building Class | C |
| Price Per Unit | $135,000 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 5,568 SF |
| Cap Rate | 10.18% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 3.95/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | Multi-Family | ||
| Price | $1,080,000 |
| Price Per Unit | $135,000 |
| Sale Type | Investment |
| Cap Rate | 10.18% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 5,568 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 3.95/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 3+1 | 4 | - | - |
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Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5344-02-00-0490 | Improvements Assessment | $579,062 |
| Land Assessment | $120,000 | Total Assessment | $699,062 |
Property Taxes
Parcel Number
5344-02-00-0490
Land Assessment
$120,000
Improvements Assessment
$579,062
Total Assessment
$699,062
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Contact the Sale Advisor
330 Orange Blossom Dr