Property Description
You have a great investment opportunity on your hands! With 34 units spread across 3 renovated compounds and all properties located within a 2-minute drive of each other, your favorite property manager can easily keep everything in order. The fact that all mechanical, electrical, and plumbing systems are brand new is a big plus, as it means that there should be minimal maintenance costs for years to come.
The average rent of $1250 per unit is also quite impressive, and with plenty of upside potential, you could potentially increase your rental income even further. Additionally, the fact that the properties have been recently renovated with high-quality fixtures and furniture means that they are likely to command top dollar on the rental market.
Overall, it seems like these properties offer a great opportunity for an investor who is looking for a safe and steady source of income. The fact that tenants are likely to be very interested in renting these units should also make it relatively easy to keep the properties occupied and generating income.
Daytona Beach is a popular tourist destination in Florida that also offers a great investment opportunity. Here are some of the highlights of investing in Daytona Beach:
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Strong Rental Demand: Daytona Beach has a strong rental market due to its popularity as a tourist destination, as well as its growing population. This makes it a great place to invest in rental properties.
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Affordable Real Estate: Compared to other popular destinations in Florida, such as Miami or Orlando, Daytona Beach offers more affordable real estate prices. This means that investors can purchase properties at a lower cost and potentially see higher returns on their investment.
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Growing Economy: The Daytona Beach economy is growing, with industries such as healthcare, education, and tourism leading the way. This growth is expected to continue in the coming years, which bodes well for investors.
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Strong Tourist Industry: Daytona Beach attracts millions of visitors each year, which makes it a great place to invest in vacation rental properties. The city has a range of attractions, including its famous beaches, the Daytona International Speedway, and many other cultural and recreational opportunities.
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High-Quality of Life: Daytona Beach offers a high quality of life for its residents, with access to great schools, healthcare facilities, and recreational opportunities. This makes it an attractive place for people to live, which in turn increases demand for rental properties.
Overall, investing in Daytona Beach offers a great opportunity for investors looking to capitalize on a growing economy, strong rental demand, and an attractive tourist destination.
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Exclusive Listing Agents
Senior Investment Advisor / Commercial Real Estate
(386) 679-0888 [email protected]