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List Price: $5,400,000
MLS #: 428250
99 BR : 811 Crestview Road - Other, FL 32922

· $5,400,000 Built in 1983· 12 Two Story Buildings-1 One Story Building-1 One Story Office Building- Occupancy Rate- 98pct· Pitched Roofs-Concrete Block Stucco Construction · 55- 2BR/2BA (715 Sq. Ft.) · 37- 2BR/2BA; (715 Sq. Ft.)· 8- 3BR/2BA (825 Sq. Ft.)· 8.89 Acres· GLA -Total Sq. Ft.- 72, 380· Swimming Pool-Tennis Court-Playground-Laundry· Central Heat and A/C-Electric Ranges-Refrigerator-Dishwasher-Cable TV Access-Storage Facilities· Electric and HVAC Paid by Tenant· 70pct HUD Subsidized until 2009- Renewable· ACTUAL- Gross Income- $727,441.00/Year· NOI-$421,331.00· Cap Rate- 7.9% pctGRM- 8.23.5% rent increase approved for 3/2008Buyewr must be approved by HUD
Property Type Multifamily Property
Condo/Subdivision None
Total Sqft. 80,000
Living Sqft. 72,380
Year Built 1983
Listing Office Richard Stanley Cagan, Broker
Sale or Lease Contact for More Information
Directions From Daytona Beach I-95 South to Cocoa west to Crestview Road

The Daytona Beach Area Association of REALTORS® Multiple Listing Service holds the Copyright to the MLS Compilation in its entirety. All rights reserved.
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212 Beach Street | Daytona Beach, FL 32114 | Office: 386-566-6788
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