500 Jimmy Ann Dr - Apartments FOR SALE
Daytona Beach, FL 32114 |
500 Jimmy Ann Dr
Daytona Beach, FL 32114
HIGHLIGHTS
- Class “B” Multifamily Community in a Prime Central Location of Daytona Beach
- Rare Repositioning Opportunity to Terminate Affordable Restrictions In Six Years Meanwhile Achieving Strong Upside in the Near-Term
- ?Significant Value-Add Potential Through Renovations on Mostly Unrenovated Units
- Close Proximity to the Best of Daytona Beach; ?Desirable Unit Mix with Some of the Largest Unit Sizes
- Large Potential to Boost Ancillary Income; Strong Organic Rent Growth Taking Place in Submarket
- Substantial Amenity Package with Ability to Add Both Indoor and Outdoor Resident Attractions
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Lake Forest
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
321912
STORIES
3
YEAR BUILT
1985
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5214-05-00-0010,5214-10-00-0010
