1400 Hancock Blvd - Apartments FOR SALE
Daytona Beach, FL 32114 |
1400 Hancock Blvd
Daytona Beach, FL 32114
HIGHLIGHTS
- Attractive 208-Unit Value-Add Community in a Class “B” Submarket of Daytona Beach, FL
- Strong Property Performance Over the Last Year; Over $1.9 Million in Property-Wide Capital Improvements in the Last Six Years
- Significant Value-Add Opportunity to Renovate 100% of Units, Capture Over 5% Loss-to-Lease and Increase Effective Rents by $280
- The Daytona Beach Submarket Is Continuing to Experience Positive Rental Growth
- Favorable Unit Mix & Floor Plans;Desirable Amenity Package with Ability to Enhance
- Additional Ancillary Income Potential of Over $300k
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
The Park at Via Teano
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
161600
STORIES
2
YEAR BUILT
1986
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5330-09-00-0040
