866-468-6487
125 S Salisbury Ave, Deland, FL for Sale
Apartments - FOR SALE
1/13
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125 S Salisbury Ave
Deland, FL 32720


HIGHLIGHTS

  • Recently Renovated Property
  • Value Add $7,000-$9,000 in Rental Upside

OVERVIEW

100Units.com presents Westwood Apartments which is a 17-unit multifamily complex, renovated in 2024. The buildings are of wood construction with all new pitched-shingle roofing installed in 2023. The property consists of 3, two-story apartment buildings with a total of approximately 13,200 gross square feet and is situated on .68 acres. The unit mix is 2 efficiencies, 5 one bedroom one bath units, 10 two bedroom one bath units. The utilities are separately metered for electric. Water, sewer and trash collection is paid for by the landlord. The units feature central air conditioning and the community has an on-site laundry facility. Renovated interiors include updated kitchens, bath and flooring;. Renovated exteriors included all new windows, painting and roofing. All of the roofs were replaced in 2023. Ideally located near state road 44, Deland Municipal Airport, Deland Museum of Art, Blue Springs State Park and Stetson University.

FOR SALE DETAILS

PRICE

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# OF UNITS

17

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westwood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

05R-12

APN/PARCEL ID

7017-05-03-0240

ASK ABOUT THIS PROPERTY

Nicole Schmidt100Units.comMore Info
866-468-6487

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Nicole Schmidt100Units.comMore Info
866-468-6487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.