Cecil Cornish - Coldwell Banker Coast
565 Dr Mary Mcleod Bethune Boulevard
Daytona Beach, FL 32114

Description

Great investment property. Located in area of expansion & updating development near colleges, justice center and new construction. Cap Rate approx 10.0% Exceptional all concrete construction located near university, shopping, restaurants, and transportation. 6- Apartments (4-2BR & 2-1BR; 2- Retail Stores; 1- Office; 1- storage; 12 baths. New HVAC units for retail (2017); New exterior stucco & paint (2017). Terrazzo floors in apartments. Property has steady year round rental income. Potential to increase incomes as surrounding areas experience new development. (All unit Sqft measurements are estimates. Buyer must confirm. Electric meters - 9; Water meters - 3; Gas - 0

Details

MLS#1034956
Sub-TypeResale
StatusActive
Year1960
Days On Site340

Features

SQ Feet8,400
Units10
Building(s)1

Market Activity 32114

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Area Information

StateFL
CountyVolusia
CityDaytona Beach
Zip Code32114
Area34 - Daytona ISB to Mason, E of 95
Listing VS Median (in 32114)
Price:
$365,000
low | high
Med:
$129,000
100% of Average
SqFt:
8,400
low | high
Med:
1,220
100% of Average
$ / SqFt:
$43
low | high
Med:
$106
93.341567482597% of Average
On Site:
340
low | high
Med:
73
100% of Average
Listing Updated: 09/25/2018
MLS Number: 1034956
Listing Provided By:
Robert Brewster  of  Watson Realty Corp.