866-468-6487
340 N Boston Ave, Deland, FL for Sale
Apartments - FOR SALE
1/15
null | Request Cap Rate

340 N Boston Ave
Deland, FL 32724
Outer Deland/Deltona


HIGHLIGHTS

  • 64 Unit Redevelopment Site
  • Two Blocks From Stetson University
  • Architecture Plans Available Upon Request

OVERVIEW

100Units.com presents a prime 64-unit multifamily redevelopment project, just two blocks from Stetson University. Phase One (75% complete) includes a 35,000 SF concrete brick building with 29 fully designed 1 Bed / 1 Bath units, featuring hardwood floors and 12-ft ceilings, plus an office space. Permits, framing, drywall, and re sprinklers are complete, with electrical and plumbing in progress. Phase Two consists of 16 additional 1 Bed / 1 Bath units, while Phase Three allows for 19 more 2 Bed / 2 Bath units. The flat roof was redone in 2017, and all architectural, mechanical, and utility plans are fully approved and available upon request. This is a rare value-add opportunity for investors to complete and optimize a well-located multifamily asset.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

64

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

60

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

C

APN/PARCEL ID

7009-01-86-0460

ASK ABOUT THIS PROPERTY

Joe LaFleur100Units.comMore Info
866-468-6487

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

Joe LaFleur100Units.comMore Info
866-468-6487

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