3165 Brandywine Rd - Apartments FOR SALE
Deland, FL 32720 |
3165 Brandywine Rd
Deland, FL 32720
HIGHLIGHTS
- Attractive 168-Unit Class “B” Community in DeLand, FL, a Growing Market Outside of the Orlando MSA
- Strong Property Performance Over the Last Year; Majority Two-Bedroom Floor Plans
- Over $2.2 Million in Property-Wide Capital Improvements in the Last Five Years
- Significant Value-Add Opportunity to Renovate 100% of Units, Capture a Current 10% Loss-to-Lease and Increase Effective Rents by $342
- The DeLand Submarket Is Continuing to Experience Significant Rental Growth; Limited Competition in Immediate Submarket
- Additional Ancillary Income Potential; Desirable Amenity Package with Ability to Enhance
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Park at Brandywine
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
138600
STORIES
2
YEAR BUILT
1985
PARKING SPACES
244
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
6029-00-00-0061
