ENTRY FEE: $332,500 ·
ARV: $1,635,000 ·
Units: 10 ·
Beds: 10 ·
Baths: 10 ·
Sqft: 3,775 ·
Lot Size: 0.20 Acres ·
Year Built: 1966 ·
Parking: Driveway ·
Taxes: $7,135 ·
Auburn Dr, Daytona Beach, FL 32118
Comp: $-
Description
Introducing a rare cash-flowing 10-unit multifamily opportunity just minutes from the sandy shores of Daytona Beach! 🏖️ Built in 1966 and spanning 3,775 sqft, this single-story complex sits on an 8,690 sqft lot, offering strong in-place income, long-term tenant stability, and room for rental growth through light renovations. 🛠️💸
🏘️ Unit Mix:
• 7 One-Bedroom Units | Rents: $1,200 – $1,650
• 3 Studio Units | Rents: $1,100 – $1,150
• Current Monthly Income: $12,800
• Annual Income: $153,600
• 100% Occupied with long-term tenants ✅
📍 Prime Daytona Beach Location:
Just minutes from the beach, shopping, dining, and major employers, this complex is ideally located for high rental demand and consistent leasing. 🌇🛍️
📈 Investment Highlights:
• Value-add upside 💡: Renovate & raise rents to market
• Low vacancy 🔒: Fully leased, strong tenant retention
• High appreciation zone 📊: Located in a high-growth rental market
• SUB-2 financing available! Just $332,500 down to take over an $817,500 seller note
🚀 Whether you’re expanding your portfolio or looking for a stable, income-producing asset with growth potential in a top Florida market, this deal checks every box.
📞 Don’t miss this chance to own a cash-flowing multifamily in one of Daytona Beach’s most in-demand zones!
Disclaimer:
Terms and conditions applicable to all transactions:
- Buyers must conduct their own due diligence.
- Properties are sold “AS-IS” without an inspection period.
- Buyer pays all closing costs.
- We sell assignable purchase contracts.
- No written or oral representations are made about the properties.
- A non-refundable earnest deposit is required.
- Proof of funds will be requested.
- We do not offer warranties on the property.
- We are not licensed contractors or appraisers.
- The seller holds an equitable interest in the property.
For properties under contract and for sale:
- Offers are cash or private money only.
- A minimum non-refundable deposit is required.
- Properties are sold “AS-IS” without contingencies.
- Buyers must conduct their own due diligence.
- Buyer pays all closing costs.
- Rehabilitation costs, taxes, and insurance are estimated.
- Open or expired permits are not a title defect.
We appreciate your loyalty and trust.