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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
10181537
10128625

819 N Ridgewood Ave, Daytona Beach, FL 32114

DD
FL FL SL3221388
Epique Realty Inc
Listed by Epique Realty Inc
$1,100,000
129 days on market
Updated 94 days ago

9 unit! 10 cap!

Details
Property Type Multifamily
Sub Type Apartment Building
Units 9
Cap Rate 11.82%
NOI $130,000
Occupancy 100%
Class C
Investment Type Owner/User

Multifamily | 9 Units | $122,222/unit

Marketing description

Whether you're looking to purchase one of my listings or explore opportunities elsewhere across the country, securing financing has never been easier. By visiting https://dinododani.commloan.com/ , you can apply for a loan online quickly and effortlessly.

Contact the lender for anything you are working on:

Ed Thach-Director

602-390-6800

ethach@commloan.com

Bringing Efficiency To Commercial Real Estate Lending

9112 E Verde Grove View, Suite 105

Scottsdale, AZ 85255

INCREDIBLE INVESTMENT OPPORTUNITY IN DAYTONA BEACH, FL. THIS MULTI-BUILDING PROPERTY OFFERS GENEROUS BA ZONING ALLOWING FOR A MULTITUDE OF RETAIL AND AUTOMOTIVE USES. THIS PARCEL OFFERS A LARGE 2 STORY COMMERCIAL BUILDING, APARTMENT WITH 9 UNITS CURRENTLY RENTED FOR IMMEDIATE INCOME.

Investment highlights

Some investment highlights for Daytona Beach, Florida include:

  • Tourism industry: Daytona Beach is a popular tourist destination known for its beaches and motorsports events, such as the Daytona 500. This can provide opportunities for investment in the hospitality and tourism industry.

  • Growing population: The population of the Greater Daytona Beach area has been steadily increasing, providing a growing customer base for businesses and potential for real estate development.

  • Business-friendly environment: The state of Florida has a relatively low tax burden and a pro-business climate, which can be beneficial for investors.

  • Diversified economy: The economy of the Greater Daytona Beach area is diversified, with a mix of industries including tourism, healthcare, education, and manufacturing. This can provide a buffer against economic downturns in any one specific industry.

  • Strong transportation infrastructure: Daytona Beach is easily accessible by car, with I-95 running through the area, and also by air, with the Daytona Beach International Airport providing commercial service.

Listing Contacts

DD
FL FL SL3221388
Epique Realty Inc
Listed by Epique Realty Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,000.00
$10,833.33/mo

Valuation Metrics

0
DSCR
11.82%
Cap Rate
11.82%
ROI

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Additional Information

Name
Dino Dodani
License
FL SL3221388
Brokerage
Serhant
Brokerage Phone
3866790888
Title
FL
Brokerage Address
37 North Orange Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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