$3,100,000
311-315 Country Club
Daytona Beach, FL 32114
MLS# 1059990
47 beds  |  28204 sqft


311-315 Country Club, Daytona Beach, FL 32114
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311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114 311-315 Country Club, Daytona Beach, FL 32114

Property Description
Three adjacent complexes totaling 42 units. One has 6 units, the second has 12 units, and the third has 24 units. 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 bill. All tenants have separate electric meters, and the tenants pay their own electric bill. The current owner has completed numerous upgrades. Value add opportunity. 5 x 2 BR, 36 x 1 BR, 1 x 1 Studio. Below market rents. Proforma 9.17% at Rentometer median market rents. Concrete Block construction. DO NOT DISTURB TENANTS.

Details
Maps
Contract Information
Listing Date: 2019-07-16
List Price: $3,100,000
List Price/SqFt: 109.91
List Price/Acre: 2066666.66
Current Price: $3,100,000
Location, Tax & Legal
Street #: 311-315
Street Name: Country Club
County: Volusia
State/Province: FL
Zip Code: 32114
Area: 32 - Daytona Beville to ISB, E of 95
Style: 5+ Units
Tax ID: 534023000001, 534003030060,534003030070
Homestead Exempt: No
General Property Description
Total # Units: 42
Bedrooms: 47
Supra: No
Living Area: 28204
SqFt - Total: 28204
SqFt Source: Property Appraiser
Acreage: 1.5
Year Built: 1964
New Builder Home: No
As Is Cond: Yes
Special Contingency: No
Zoning: Multi-Family
Subdivision: Not In Subdivision
Maint Fee Paid: N/A
Franchise Opt In: No
Status Change Info
Status: Active
Financial Info
Gross Income: 334620
Property Features
Building Type: Apartment Building
Construction: Concrete Block; Stucco Cover
Land Type: 1 - 5
Parking: Parking Lot
Roof: Composition Shingle
Tenant Pays: Electric; Water
Owner Pays: Exterminator; Lawn Care; Real Estate Taxes; Water
Sewer: Public Sewer

Listing Office: Coldwell Banker Commercial Benchmark

Last Updated: August - 16 - 2019

Listing data provided by the Daytona Beach Area Association of REALTORS®' Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.

Sunday 18th of August 2019 05:52 PM