NEW Episodes every Saturday at 8:00PM!
NEW! OFF MARKET - 42 Unit Multifamily Opportunity in Daytona Beach FL
This apartment complex is centrally located and is currently being managed by a friendly & professional Property Management team.
The units boast spacious floor plans and tons of closet space as well as located minutes to the beach, river, shopping and major highways.
PLEASE NOTE: Ownership is currently working on a new landscaping package for the property as well as a new PVC fence.
Property Type: Multifamily/Multiplex
Property Subtype: Apartments
Number of Units: 42
Number of Buildings: 3
Number of Stories: 2 - Garden Style
Year Built: 1973
Construction: Masonry
Zoning: Commercial
Class: C/B
HVAC: Central
Roofing: Shingle
Value Add: Yes
Centrally Located:
• 8 Minutes to the Beach
• 5 Minutes to the River
• 6-Minutes to Embry-Riddle Aeronautical University- (1,600+ Employees)
• 6-Minutes to Brown & Brown Insurance Headquarters- (600+ Employees)
• 9-Minutes to Daytona State College - (1,480+ Employees)
• 10-Minutes to Halifax Hospital - (4,000+ Employees)
• 10-Minutes to Daytona Beach International Airport - (2,380+ Employees)
• 10-Minutes to Daytona Beach Main Street Pier
• 11-Minutes to Florida Health Care Plans - (877 Employees)
• 12-Minutes to NASCAR Headquarters - (760 Employees)
• 12-Minutes to ONE Daytona Entertainment & Shopping District
• 19-Minutes to AdventHealth Daytona Beach - (5,500+ Employees)
• Minutes to Shopping, Restaurants, Water Park, Convention Center and More!
A DYNAMIC APARTMENT MARKET & STRONG JOB GROWTH
Florida has the third largest population in USA with population over 20.6 million, which accounts for 6.38% of the US population - (usapopulation.org)
The current metro area population of Daytona Beach in 2022 is 497,000, a 2.05% increase from 2021 - (macrotrends.net)
The Daytona Beach submarket is currently experiencing 17.8% year-over-year rent growth - (CoStar.com)
3.9% - Unemployment Rate Deltona - Daytona Beach - Ormond Beach (Lower Than the National Average of 4.2% (FL. Dept. of Economic Opportunity)
NEW DEVELOPMENTS:
AMAZON DISTRIBUTION CENTER
Daytona Beach City Commissioners have approved a development agreement with online retail giant Amazon to build a 2.8 million sq. ft., five-story complex, built on a 211-acre field right across the street from the Daytona Beach International Airport on Beville Road.
The $200 million facility expected to bring a minimum of 1,000 new jobs to the area.
In September 2021, Amazon announced plans to hire 8,000 more people across Florida, increasing its employment total in the Sunshine State by 15%.
DAYTONA BEACH - VA OUTPATIENT CLINIC
VA breaks ground on new Daytona Beach clinic for Primary Care, Mental Health, Specialty Services, Cardiology, some (Gastrointestinal), possibly some Vascular and Interventional Pain Management.
106,826 square feet of usable space and more than 130,000 square feet total.
The new facility will add up to 20 jobs and patients will be seen at the site by early 2024, located just south of the Daytona State College Advanced Technology College on Williamson Boulevard.
COLLEGES & UNIVERSITIES:
EMBRY-RIDDLE AERONAUTICAL UNIVERSITY
The world's largest, fully accredited university specializing in aviation and aerospace
Top 5 ranked school (#4) in Florida for graduates who have the highest starting salaries ($62,400 starting salary) Over 31,000+ students enrolled annually
Over 1,600+ employees
DAYTONA STATE COLLEGE
Daytona State College is the highest ranked public state college in Florida according to U.S. News & World Report's 2022 rankings for Best Online Bachelor's Degree Programs.
Daytona State College's is ranked 1st in the state the Bachelor of Science in Exceptional Student Education Program Over 15,000+ students enrolled annually
Over 900+ employees
6 Campuses
UNIVERSITY of CENTRAL FLORIDA DAYTONA BEACH
Here you’ll have access to student services and resources, smaller class sizes, and expert faculty. Ideally located in Daytona Beach, it offers a library, recreation center, computer lab and more.
Nursing, Photography, and UCF Online Degrees are programs available at UCF Daytona Beach
UCF is the largest university by enrollment in Florida with 70,406 students, including 60,075 undergraduates, 9,847 graduate students and 484 M.D. students. UCF ranks second among Florida's state universities with 357 National Merit Scholars enrolled
BETHUNE-COOKMAN UNIVERSITY
The mission of Bethune-Cookman University is to educate a diverse community of learners to become responsible, productive citizens and solution seekers through the promotion of faith, scholarship, creative endeavors, leadership and service
Bethune-Cookman University will define new standards for academic excellence and student success by educating and empowering learners who will seek their own solutions; advocate opportunities for all citizens to improve their quality of life; and inculcate global perspectives and realities to people worldwide
Offers 36 undergraduate and 7 master’s degrees
MEDICAL:
HALIFAX HEALTH MEDICAL CENTER
Halifax District Hospital opened its doors to the community on January 3, 1928. Founded by the state legislature, the hospital began operations with 125 licensed beds. During World War II, the hospital became a convalescent facility. In 1947, it was remodeled and returned to the community as an acute care general hospital. In 1985, the hospital was designated as the area’s only Level II Trauma Center and changed its name to Halifax Medical Center. In 2007 Halifax Health – Medical Center of Port Orange opened to provide access to residents on the south side of Volusia County. The France Tower was competed in 2009, at which time, many additional services were added, and the Halifax Health Medical Center of Deltona opened in 2020 to round out the three hospital system of care.
Today, Halifax Health is rated one of the 50 Top Cardiovascular HospitalsTM in the United States by IBM Watson HealthTM, Halifax Health serves Volusia and Flagler counties, providing a continuum of healthcare services through a network of organizations including a tertiary hospital, two community hospitals, an urgent care, psychiatric services, a cancer treatment center with five outreach locations, the area’s largest hospice, a center for inpatient rehabilitation, outpatient rehabilitation clinics, primary care walk-in clinics, a clinic specializing in women’s health, a pediatric care community clinic, three children’s medical practices, a home healthcare agency, and an exclusive provider organization. Halifax Health offers the area’s only Level II Trauma Center, Comprehensive Stroke Center, Center for Transplant Services, Pediatric Intensive Care Unit, Child and Adolescent Behavioral Services, complete Neurosurgical Services, OB Emergency Department and Level III Neonatal Intensive Care Unit that cares for babies born earlier than 28 weeks
Over 500+ Physicians representing 46 medical specialties
ADVENTHEALTH DAYTONA BEACH
AdventHealth Daytona Beach, formerly Florida Hospital Memorial Medical Center, in Daytona Beach, FL, our dedicated, compassionate hospital team provides award-winning care
More than 80,000 skilled and compassionate caregivers in physician practices, hospitals, outpatient clinics, skilled nursing facilities, home health agencies and hospice centers provide individualized, wholistic care.
Over 300 beds.
TRAVEL:
DAYTONA BEACH INTERNATIONAL AIRPORT
Daytona Beach International Airport is located three miles southwest of Daytona Beach, next to Daytona International Speedway.
The airport has 3 runways, a six-gate domestic terminal, and an international terminal.
American Eagle, Delta and JetBlue all have regular service from Daytona Beach Airport, and there is additional seasonal service available from American Airlines and Sun Country Airlines.
RETAIL & ATTRACTIONS:
One Daytona
Daytona International Speedway
Daytona Lagoon
Ocean Center
Ocean Walk Shoppes
Daytona Beach Band Shell
Jackie Robinson Ballpark | Tortugas - Minor League Baseball
LPGA International Golf Course
SkyZone Trampoline Park
Tanger Outlets
Home Depot
Target
Bass ProShop
BestBuy
Pet Smart
Volusia Mall
Starbucks
Sam's Club
Whole Foods
Publix
Go-Cart City
AND MORE!
Potential Buyer(s) are asked to sign an NDA and provide Proof of Funds before receiving any information at the Seller's Request.
ASKING PRICE: $5.8M
Acquisition Contacts:
Sean Sedita
+ 1 386 383 6376
sedita.sean@gmail.com
Dino Dodani
+ 1 386 679 0888
dinod78@gmail.com