FOR SALE | Mapleleaf Gardens Condos 29 Units | Great Investment! 29 condos/ Studios in Daytona Beach Florida
$2,175,000
1202 Ridgewood Avenue, Daytona Beach, FL 32117
For Sale
Multifamily
Active
Last Updated: 03/07/2025
7.16
Cap Rate
155,744
NOI
Details:
Cap Rate: 7.16%
NOI: $155,744
Building Size: 7,598 sqft
Occupancy: 100%
Class: C
Units: 29
Year Built: 1984
Price Per Sqft: $286.26
Price Per Unit: $75,000
: C
: 2
: 176
Description:
Cash Cow! Great investment opportunity!
CASH ONLY! 29 efficiency units, located in the heart of Holly Hill, easy access to freeway, shopping centers, and 10 minutes to the beach. 100% rented. Total monthly rent is $22,450. We have an HOA fees of $5,510 (that is $190 per unit which includes Water, Electricity, gas, internet, cable, ground keeping, insurance, exterminator). Our tenants pay between $800 to $900 per unit for rent with all utilities included.
Documents:
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Investment Brochure
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Location
Gallery
