Three adjacent complexes totaling 42 units that stay at 100% occupancy. One has 6 units, the second has 12 units, and the third has 24 units. 5 x 2BR, 36 x 1 BR, 1 x Studio. 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 bills. All tenants have separate electric meters, and the tenants pay their own electric bills. 24 Units are currently condominium units. Concrete Block Construction. The current owner has completed numerous upgrades including new roof and exterior paint, as well as interiors as they become vacant. Value Add Opportunity because Below Market Rents. Proforma 8.35% at Rentometer.com and market rents. DO NOT DISTURB TENANTS.
32 - Daytona Beville to ISB, E of 95
Coldwell Banker Commercial Benchmark
Coldwell Banker Commercial Benchmark.
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