23 S Hollywood Avenue, Daytona Beach, FL 32118

$1,850,000

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Property Description

Presenting a prime investment opportunity, this beachside multifamily property comprises 14 units. With a desirable Daytona Beach location and a history of high occupancy, this property offers stability and potential for a prospective investor. Recent upgrades include new roofs installed in 2020 and 2021 across all 3 buildings, ensuring low maintenance costs. Additionally, all tenants are current on their rent, eliminating accounts receivable concerns. This low-rise/garden-style property represents a lucrative and attractive investment with a strong historical performance and significant potential for future growth. New roofs in 2020 & 2021 for all 3 buildings. All tenants are current on their rent (no accounts receivable). Unit mix includes: 5 studios, 3 (one bedrooms), 4 (two bedrooms), and 1 (3 bedroom).

Listing courtesy of SVN Alliance Commercial Real Estate Advisors.

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