Beds: 18 Bath: 16 SqFt: 9,330
ARV: $1,350,000 Repairs: $40k-$80k
NOI: $100,048 (2018) Proforma: $127,420
$1,000,000 +cc Assignable
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Daytona Beach Multi-Family Cash Flow Opportunity. Come quick and check out these 4 two story buildings that offer 16 total rentable units with 14 – 1/1 units and 2 – 2/1 units. Owner has let some leases expire to be able to show vacant units to potential buyers to view the interior of properties easily. The 2018 Gross Income was $142,000 and NOI was $100,048. Property is owner managed with operating expenses of 30%. Opportunity to update units and increase rents. This property can easily achieve a 10% Cash On Cash Return with very little changes or repairs. Don’t Miss Out – Call Me Now To Purchase.