15% CAP High yield investment, creative financing available including possible owner financing. Listed at $375K. Perfect for aggressive owner investor. 14 Units, 7 buildings. 6 Commercial storefronts + 9 residential units = perfectly mixed portfolio. Rental estimate is approx $500-$700/month for each of the 6 commercial storefronts and $400-$600/month for each of the 9 residential units. Additional storage building on property for maintenance/supplies. Hotel/motel license in place, buildings can be rented on a short or long term basis. Includes Volusia County parcels 5338-01-09-0120 and 5338-01-09-0030 for total of 1.06 acres U.S. Highway 1 frontage, Daytona Beach, Florida. Paved parking. Walking distance from local downtown entertainment. Priced to move at only $25,000 per unit.
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Updated: 28th June, 2017 6:11 PM.