1208 S Ridgewood Ave, Daytona, FL 32114

• 60-Unit Multifamily Portfolio | 9 Buildings | 1.72 Acres

Rare opportunity to acquire a scaled multifamily assemblage in Daytona Beach with immediate income and significant upside.

• Prime US-1 Frontage / High-Visibility Location

Strategic corridor location with strong traffic exposure, minutes from Daytona Beach, universities, retail, dining, and major employment hubs.

• Immediate Cash Flow + Value-Add Upside

Strong in-place income with clear upside through lease-up of remaining units, rent optimization, and operational efficiencies.

• Over $500,000 in Capital Improvements Completed

Major renovations already completed, reducing near-term capital expenditure risk for the next owner.

• Approx. 51 Renovated & Income-Producing Units

Remaining units scheduled for completion prior to closing, creating immediate NOI growth potential.

• Modernized Unit Interiors

Renovated units feature updated kitchens, newer appliances, designer finishes, luxury vinyl flooring, and refreshed interiors.

• Diverse Unit Mix with Strong Rental Demand

40 one-bedrooms | 13 studios | 7 two-bedrooms

Well-positioned for workforce housing, student housing, and long-term rental demand.

• Proximity to Major Demand Drivers

Minutes from Embry-Riddle Aeronautical University, Daytona State College, Bethune-Cookman University, Daytona Beach Golf Club, and the beach.

• Unique Multi-Folio Assemblage

Structured as a multi-parcel “oval” configuration, creating flexibility for future disposition, financing, or redevelopment strategies.

• Separately Platted Building Adds Hidden Value

One of the larger buildings has individually separated folios, offering additional optionality and intrinsic real estate value.

• Hotel Conversion / Redevelopment Potential

Favorable location and assemblage configuration may support future hospitality or redevelopment concepts (buyer to verify).

• Multiple Exit Strategies

Hold for stabilized cash flow | refinance after NOI growth | reposition | parcel sell-off | redevelopment

• Strong Basis vs Replacement Cost

Acquiring existing scale in a supply-constrained corridor at a compelling basis relative to new construction.

• Ideal for Multifamily Operators, Private Equity & 1031 Buyers

Attractive opportunity for investors seeking scale, income growth, and long-term appreciation.