311-315 Country Club, Daytona Beach, 32114

Multifamily - 5+ Units For Sale in Not In Subdivision

$3,100,000

47Beds
Baths
28,204Sqft
1964Built
MLS® #: 1059990
Active

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.

Essential Information

MLS® #: 1059990
Price: $3,100,000
Bedrooms: 47
Square Footage: 28,204
Year Built: 1964
Type: Multifamily
Sub-Type: 5+ Units
Style: Apartment Building
Status: Active

Community Information

Address: 311-315 Country Club
Area: 32 - Daytona Beville to ISB, E of 95
Subdivision: Not In Subdivision
City: Daytona Beach
County: Volusia
State: FL
Zip Code: 32114

Amenities

Features: 1 - 5
Parking: Parking Lot

Exterior

Roof: Composition Shingle
Construction: Concrete Block, Stucco Cover

Listing Details

Listing Office: Coldwell Banker Commercial Benchmark

Financials

$/SqFt: $110

© 2019 Daytona Beach Area Association of REALTORS®

Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

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