311-315 Country Club

$3,100,000, 47 Beds 28,204 Sqft

About This Property

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
Bedrooms47
Square Footage28,204
Year Built1964
TypeMultifamily
Sub-Type5+ Units
StyleApartment Building
StatusActive

Community Information

Address311-315 Country Club
SubdivisionNot In Subdivision
CityDaytona Beach
CountyVolusia
StateFL
Zip Code32114

Area

32 - Daytona Beville to ISB, E of 95

Amenities

ParkingParking Lot

Exterior

RoofComposition Shingle
ConstructionConcrete Block, Stucco Cover

Listing Details

Office

Coldwell Banker Commercial Benchmark

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

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