Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,800,000
10 Beds
- 11 Baths
15,750sqft
1600 Big Tree Rd, South Daytona, FL 32119
$1,800,000
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Multi Family
Built in 1986
$384/mo HOA
13.85 acres lot
$114/sq.ft
Description
Georgetown Lake 25-Unit 1BR Condo Portfolio | Stabilized Investment Opportunity Offered for sale is a rare, concentrated portfolio of 25 stabilized 1-bedroom, 1-bathroom condominium units within Georgetown Lake (Georgetowne Lake Condominiums) at 1600 Big Tree Rd, Daytona Beach/South Daytona, FL. All units are approximately 630 SF and located in a well-amenitized, professionally managed, 167-unit community. This portfolio is currently 23/25 occupied, with most leases running through next year, providing immediate in-place cash flow and minimal lease-up risk. The units have been under the same third-party property management company for years, with full historical records a...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1986
HOA Fees
$384 Monthly
Finished Area
15,750 sqft
Lot Size
13.85 acres lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
V4946117
MLS Status
Active
Days on Market
7
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