1142 S Ridgewood Avenue Daytona Beach, FL 32114
Single Family Attached
MLS #: 1207984
Courtesy Of EXP Realty LLC
Property InformationDescription
92 Unit Multifamily Offering For Two Communities In Daytona Beach and South Daytona Florida - Altura Apartment Homes and Villas One Apartment Homes.
eXp Realty Commercial is pleased to present the exclusive opportunity to acquire Altura Apartment Homes and Villas One Apartment Homes, two well-located residential communities in Daytona Beach and South Daytona. Together, these properties offer a total of 92 units 46 units at each location designed to provide modern, spacious living options that appeal to families, professionals, and retirees alike.
Prime Location:
Situated in thriving markets along Florida's east coast, the properties are ideally positioned within 3 miles of major employers, including the new Amazon Distribution Center, Pepsi Distribution, Costco, and Boeing. Residents enjoy proximity to Daytona Beach's renowned attractions, educational institutions, and healthcare facilities, ensuring a consistent demand for quality housing. Market Growth:
The Daytona Beach and South Daytona region continues to experience robust economic expansion, supported by growth in key sectors such as tourism, healthcare, aerospace, and education. New developments and infrastructure enhancements contribute to the area's long-term appeal for residents and investors.
Job Growth & Rental Demand:
Steady job growth, driven by major employers like Halifax Health and Embry-Riddle Aeronautical University, has fueled a strong demand for housing. The area's limited new housing supply, high occupancy rates, and consistent rental increases present an excellent opportunity for stable rental income and future appreciation.
Assumable Loan Opportunity:
This offering includes an assumable loan, providing a unique advantage for investors seeking financing flexibility and enhanced returns.
Key Highlights:
Unit Mix: Spacious, modern units across two properties.
Desirable Location: Close to major employers, retail, dining, and entertainment options.
Economic Drivers: Strong job market and growth in healthcare, tourism, and aerospace industries.
Rental Growth Potential: Rising rental rates and high occupancy in the local market.
Investment Opportunity: Assumable loan for a seamless acquisition process.
Altura Apartment Homes and Villas One Apartment Homes are well-positioned to capitalize on Daytona Beach and South Daytona's dynamic growth, making this a compelling investment opportunity in a high-demand market.
Addresses:
Altura Apartment Homes - 1142 S Ridgewood Avenue Daytona Beach FL
Villas One Apartment Homes - 1835 Segrave St, South Daytona, FL
eXp Realty Commercial is pleased to present the exclusive opportunity to acquire Altura Apartment Homes and Villas One Apartment Homes, two well-located residential communities in Daytona Beach and South Daytona. Together, these properties offer a total of 92 units 46 units at each location designed to provide modern, spacious living options that appeal to families, professionals, and retirees alike.
Prime Location:
Situated in thriving markets along Florida's east coast, the properties are ideally positioned within 3 miles of major employers, including the new Amazon Distribution Center, Pepsi Distribution, Costco, and Boeing. Residents enjoy proximity to Daytona Beach's renowned attractions, educational institutions, and healthcare facilities, ensuring a consistent demand for quality housing. Market Growth:
The Daytona Beach and South Daytona region continues to experience robust economic expansion, supported by growth in key sectors such as tourism, healthcare, aerospace, and education. New developments and infrastructure enhancements contribute to the area's long-term appeal for residents and investors.
Job Growth & Rental Demand:
Steady job growth, driven by major employers like Halifax Health and Embry-Riddle Aeronautical University, has fueled a strong demand for housing. The area's limited new housing supply, high occupancy rates, and consistent rental increases present an excellent opportunity for stable rental income and future appreciation.
Assumable Loan Opportunity:
This offering includes an assumable loan, providing a unique advantage for investors seeking financing flexibility and enhanced returns.
Key Highlights:
Unit Mix: Spacious, modern units across two properties.
Desirable Location: Close to major employers, retail, dining, and entertainment options.
Economic Drivers: Strong job market and growth in healthcare, tourism, and aerospace industries.
Rental Growth Potential: Rising rental rates and high occupancy in the local market.
Investment Opportunity: Assumable loan for a seamless acquisition process.
Altura Apartment Homes and Villas One Apartment Homes are well-positioned to capitalize on Daytona Beach and South Daytona's dynamic growth, making this a compelling investment opportunity in a high-demand market.
Addresses:
Altura Apartment Homes - 1142 S Ridgewood Avenue Daytona Beach FL
Villas One Apartment Homes - 1835 Segrave St, South Daytona, FL
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Exterior Type: Block
- Floor Covering: Vinyl
- Floor Covering: Tile
- Heating System: Central Furnace
- Legal Description: S 299 FT OF E 400 FT OF LOT 7 BLK 3 BETHUNE GRANT EXC N 200 FT OF E 212 FT & EXC HWY PER OR 5203 PGS 3286-3287 PER OR 6690 PG 3489 PER OR 6942 PG 3003 PER OR 7971 PG 2401
- MLSID: 1207984
- Roof Type: Shingle
MAP & DIRECTIONS
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