$3,100,000

311-315 Country Club

Daytona Beach FL, 32114

Description

Three adjacent complexes totaling 42 units. One has 6 units, the second has 12 units, and the third has 24 units. The 24 unit and 12 unit complexes have one water meter. The 6 unit has separate water meters, so the tenants pay their own water bill. All tenants have separate electric meters, and the tenants pay their own electric bill. The current owner has completed numerous upgrades. Value add opportunity. 5 x 2 BR, 36 x 1 BR, 1 x 1 Studio. Below market rents. Proforma 9.17% at Rentometer median market rents. Concrete Block construction. DO NOT DISTURB TENANTS.

Details

MLS#1059990
Sub-TypeResale
StatusActive
Year1964
Days On Site61

Features

SQ Feet28,204
Units42
Building(s)1

Market Activity 32114

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Area Information

StateFL
CountyVolusia
CityDaytona Beach
Zip Code32114
Area32 - Daytona Beville to ISB, E of 95
Listing VS Median (in 32114)
Price:
$3,100,000
low | high
Med:
$117,400
100% of Average
SqFt:
28,204
low | high
Med:
1,040
100% of Average
$ / SqFt:
$110
low | high
Med:
$146
17.242215395119% of Average
On Site:
61
low | high
Med:
80
76.25% of Average
Listing Updated: 09/15/2019
MLS Number: 1059990
Listing Provided By:
Robert Campbell  of  Coldwell Banker Commercial Benchmark