Daytona Beach 12 Unit! $10,025 Rent Roll! 1 unit vacant!

Volusia County, Daytona Beach, FL, 32114
Sold
Listed at: February 16th, 2023
Price
$775,000
ARV
$1,200,000
Gross Margin
$425,000
Sq. Footage
4822
Type
Multifamily
Parking
Off street
Year build
1916
Lot size
0.12 acres
Bedrooms
12
Bathrooms
12
Half Bathrooms
0
Summary

Summary - 12 unit in Daytona Beach close to the water. Property is currently rented 11/12 units. One unit is vacant (Unit 12) and will need some work. Start cash flowing day one.


Unit Breakdown


9 1/1s & 3 Studios


Units 1-2: $800

Unit 3: $1,000

Unit 4, 5: $850

Unit 6, 7, 8,9: $1,000

Unit 10: $825

Unit 11: $900

Unit 12: Vacant


Total Rent Roll: $10,025.00


Monthly Expenses


Electric: $775

Water: $802

Landscaper: $80

Cleaner: $80

Taxes: $891.42 / $10,697 (annual)

Insurance: $615.90 / $7,390.75 (Annual)


Total Monthly Expenses : $3,244.00


T12 and Rent Roll available on request.

Disclaimer: HOUSE IS BEING SOLD " AS-IS" WITH NO WARRANTIES OR DISCLOSURES FROM THE SELLER AND BUYER TO PAY ALL CLOSING COSTS AND TRANSFER TAXES WITH THE EXCEPTION OF ANY PRORATED PROPERTY TAXES, LIENS, AND JUDGMENTS UNLESS OTHERWISE AGREED TO IN WRITING BY BOTH PARTIES. LARGEST HOME BUYERS, LLC either owns or has equitable contractual interest in the property. The above marketing piece is referencing the equitable interest/option in the subject property, and recipients of this email are fully aware that the sellers' "equitable interest and contractual obligations" are what is being offered. Cash or hard money ONLY. Buyer is not relying on any representations, whether written or oral, regarding the property above. A minimum $5000.00 non-refundable deposit is due with contract acceptance. PROPERTY WILL BE CONVEYED WITH FREE AND CLEAR MARKETABLE TITLE UNLESS OTHERWISE AGREED IN WRITING BY BOTH PARTIES. NO INSPECTION PERIODS. Buyer to do their own due diligence prior to the seller accepting an offer. Sight unseen offer will require a sight unseen addendum to be executed prior to the acceptance of an offer.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Robert

No reviews

Disposition manager