647 S Woodland Blvd - Assisted Livings FOR SALE


Deland, FL 32720- Outer Deland/Deltona
$2,500,000 USD
866-468-6487
647 S Woodland Blvd, Deland, FL for Sale
$2,500,000 USD
Assisted Livings - FOR SALE
1/9
null | 14.45% Cap Rate

647 S Woodland Blvd
Deland, FL 32720
Outer Deland/Deltona


HIGHLIGHTS

  • Current 11% Cap Rate
  • Located Near Downtown Deland

OVERVIEW

100Units.com presents Dixie Efficiencies 36 efficiencies. The property is of concrete block construction with new pitched-shingle roofing installed 2022, consisting of 2, one story buildings with a total of approximately 13,145 gross square feet, new parking lot installed 2022, and is situated on 2.15 acres. The unit mix is 36 efficiency units (these efficiencies do not currently have kitchens), laundry room (2 washers and 2 dryers) and an on site office. The utilities: electric, water, sewer, and trash are common and paid for by the landlord. The units feature window air conditioning and concrete flooring throughout the property. The property is operated as a nontransient apartment and is located within an Opportunity Zone. Ideally located near downtown Deland, Stetson University. Minutes to Interstate 4. Thirty minutes to Daytona Beach International Airport, Daytona International Speedway, and the Iconic Daytona Beaches.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

14.45%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dixie Efficiencies

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,805 SF

ZONING

C-2 Mixed Use

APN/PARCEL ID

7016-45-33-0140

ASK ABOUT THIS PROPERTY

Joe LaFleur100Units.comMore Info
866-468-6487

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Joe LaFleur100Units.comMore Info
866-468-6487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.