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1202 RIDGEWOOD AVENUE

Commercial Recently Sold
$1,925,000

BTC: 21.99999749

ETH: 611.11111111

Sold on: 2022-01-21
146 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Cash Cow! Great investment opportunity! 35 efficiency units, located in the heart of Holly Hill, easy access to freeway, shopping centers, and 10 minutes to the beach. 92% rented. Total monthly rent is $25,200. We have an HOA fees of $6,650 (that is $190 per unit which includes Water, Electricity, gas, internet, cable, ground keeping, insurance, exterminator).Our tenants pay between $700 to $800 per unit for rent with all utilities included. Exterior paint is being done on all buildings and the pool is being totally rebuilt. The HOA has a total of 105 units. HOA has a large cash reserve. Owner will finance $1,200,000 at 6% interest rate. Buyer to bring the difference in cash.

Location

Florida • DAYTONA BEACH • 32117 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
Other / Over 30 Spaces / Oversized
Year Built:
1984
Lot:
0.21 Acres
Heating:
Natural Gas / Other
Price/sqft:
No Data
Cooling:
Other / Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    Heating

    • Natural Gas

    • Other

    Cooling

    • Other

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

  • Parking

    • Other

    • Over 30 Spaces

    • Oversized

    Property

    • Levels: Two

    • Exterior Features: Fenced

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 424288001200

    • Zoning: OUT/CNTY

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $10,500

  • Source details

    • MLS ID: FC268665

    Other facts

    • Construction Materials: Block

    • Lot Features: Oversized Lot

    • Window Features: Impact Glass/Storm Windows

    • Water Source: Public

    • Subdivision Name: OUT OF COUNTY

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The multiple listing information is provided by the Flagler from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Flagler. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: 3 Dot Realty LLC