Holly Hill

8th St, Holly Hill, FL 32117

Beds: 20    Baths: 12    SqFt: 8648

Rent: $105,600/year

$914,900+cc

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Here is another fantastic multi-family income opportunity for a professionally managed apartment complex in the Daytona Beach area. Property is ready for cash flow immediately! This building is in fantastic condition, with no deferred maintenance.  Plenty of parking spots for tenants, historically 100% occupancy, close proximity to Halifax River and Centennial Park, and 6 minute drive to Daytona Beach make this an extremely appealing location.  Building lies close to public transportation and makes for an ideal location near many sources of employment. This property operated at a solid gross and CAP rate. Multi-family deals are becoming extremely hard to come by.  Don’t let this one pass you by.  Financial data can be provided upon request from serious buyers. Property Features:  Block construction, pitched shingle roof, 7 updated units with new kitchens, vanities, doors, lighting fixtures, and tile.  10 units are tile throughout while 2 have a mixture of tile and carpet.  All units feature and open living space and great floorplans, central AC, nice location