Address: 601 State Avenue, DAYTONA BEACH, FL 32117
Description
Crosscreek Apartments, is a 8 unit multifamily investment located at 601 State Ave, Daytona Beach, Florida. Built in 1973, the property spans 5,194 square feet on a 0.14 acre lot, offering a turnkey opportunity with immediate upside potential through rental increases.
The unit mix includes three 2 bedroom/1 bath units and five 1 bedroom/1 bath units, catering to a wide range of renter profiles. All units are equipped with central air conditioning and separately metered electric, while the landlord is responsible for city water, sewer, and trash services. The property is constructed with block exterior walls on slab foundations, ensuring long term durability and reduced maintenance.
Strategically located in the heart of Daytona Beach, the property is surrounded by major thoroughfares, employment centers, and coastal amenities, making it a desirable location for tenants and a promising value add opportunity for investors.
Crosscreek Apartments, is a 8 unit multifamily investment located at 601 State Ave, Daytona Beach, Florida. Built in 1973, the property spans 5,194 square feet on a 0.14 acre lot, offering a turnkey opportunity with immediate upside potential through rental increases.
The unit mix includes three 2 bedroom/1 bath units and five 1 bedroom/1 bath units, catering to a wide range of renter profiles. All units are equipped with central air conditioning and separately metered electric, while the landlord is responsible for city water, sewer, and trash services. The property is constructed with block exterior walls on slab foundations, ensuring long term durability and reduced maintenance.
Strategically located in the heart of Daytona Beach, the property is surrounded by major thoroughfares, employment centers, and coastal amenities, making it a desirable location for tenants and a promising value add opportunity for investors.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Balcony
Living Area: 5194.00
Roof: Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air, Wall/Window Unit(s)
Heating: Electric
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Interior Features: Ninguno
Legal Description: LOT 76 PINE CREST ADD HOLLY HILL MB 6 PG 56 PER OR 4665 PG 1288 PER OR 7901 PG 2079 PER OR 7901 PG 4177
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