988-998 Derbyshire Rd - Storefront CONDO FOR SALE


Daytona Beach, FL 32117- Greater Daytona
$164,900 USD
904-569-6738
988-998 Derbyshire Rd, Daytona Beach, FL for Sale
$164,900 USD
Storefront CONDO - FOR SALE
1/6
null | Request Cap Rate

988-998 Derbyshire Rd
Daytona Beach, FL 32117
Greater Daytona


HIGHLIGHTS

  • City water, electricity, and septic connections available
  • 6 AC units, all operational and well-maintained
  • Owner Financed Deal: 5-Year Balloon at 4.75%

OVERVIEW

Asking price: $680,000 with OWNER FINANCING option Down Payment: $164,900 (due at closing) Note: $515,100 Payment Terms: Monthly Payment to Seller: $2,609.9/month $31,319.2/year Interest Rate: 4.5% with a 5-year balloon Amortization period: 30 Years No prepayment Penalty Current Gross Monthly Rent: $4,597.26 Current Gross Yearly Rent: $55,167.12 Current NOI: $43,467.68 Current Cap Rate: 6.39% Potential Gross Monthly Rent: $6,250.00 Potential Gross Yearly Rent: $75,000.00 Potential NOI: $59,085.00 Potential Cap Rate: 8.69% Showing a property visits by appointment only. Call\ Text to schedule

FOR SALE DETAILS

PRICE

$164,900 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

3,000 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,866 SF

ZONING

B-5

APN/PARCEL ID

5202-00-00-0620

ASK ABOUT THIS PROPERTY

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904-569-6738

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Dror AttiasAcre ExpertMore Info
904-569-6738

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