J Byron Hebert
This listing was posted on RealtyWW.
$925,000
Home For Sale In Daytona Beach, Florida
Price:
$925,000
BR/BA:
10+ BR, 7.5 BA
Location:
346 Clifton Ave, Daytona Beach, FL
Description:
Fantastic turkey investment property package of 3 properties 100% occupied with 16 tenants producing $14, 077.00 gross monthly income listed at an 8.5% cap rate based on actual 2023 financials. An unheard of 9% cap rate based on 2024 financials so far this year. You may have heard the term house hack or PadSplit, these are fully furnished rentals, rented out individually by the room. All furnishings are included in the sale, and 45 days of management training included. The current owners have been doing this business model since 2011. It's 100% turnkey, tenants are all on month by month leases for flexibility, however on average most tenants stay 12-18 months, some even longer All of the properties are in great shape and have no deferred maintenance. Properties included in the sale: Property #1: 6 bedroom 2 bath house, Property #2: 4 bedroom 1 bath house and detached studio apartment with full kitchen and bath. Property #3: 4 bedroom 2 bath house and attached studio apartment with full kitchen and bath. Full financials, property list, and additional details with signed non-disclosure agreements.For more details: https://realtyww.info/homes_daytona-beach-d523144/for-sale_i71473348
Property Type:
Single-Family Houses
Posted:
May 5 on RealtyWW
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More About this Listing: Home For Sale In Daytona Beach, Florida
Home For Sale In Daytona Beach, Florida is a 10+ BR 7.5 Bathroom Single-Family Homes for Sale at 346 Clifton Ave in Daytona Beach FL. Find other listings like Home For Sale In Daytona Beach, Florida and listings near 346 Clifton Ave by searching Oodle Classifieds for 10+ BR 7.5 Bathroom Single-Family Homes for Sale in Daytona Beach FL.
Home For Sale In Daytona Beach, Florida is a 10+ BR 7.5 Bathroom Single-Family Homes for Sale at 346 Clifton Ave in Daytona Beach FL. Find other listings like Home For Sale In Daytona Beach, Florida and listings near 346 Clifton Ave by searching Oodle Classifieds for 10+ BR 7.5 Bathroom Single-Family Homes for Sale in Daytona Beach FL.