Oceans Luxury Realty Full Service LLC
Oceans Luxury Realty Full Service LLC
Lisa DiSario, Oceans Luxury Realty Full Service LLCPhone: (386) 295-1131
Email: [email protected]
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listing
1 of 62
CommercialFor Sale
$4,800,000
801 Ridgewood Avenue
Holly Hill, FL 32117
Courtesy of Robert Slack LLC - Sarah Amarasinghe
MLS: Daytona Beach AOR MLS
Est. Mortgage
$24,877/mo

**Zoned CC-1 - ENDLESS OPPORTUNITY**ADULT LIVING FACILITY IS A PERMITTED USE! 38-unit property currently operating as a short-term and long-term extended stay. This property has a variety of units, including 29 two-bed units, 6 one bed units, 2 two-bedroom units, a studio, and an office, this asset is designed for versatility. 2023 Fresh Paint, 2023 replaced Washer/Dryers, & Landscaping. 2018 upgrades include brand-new roofs, ensuring modern aesthetics and durability. The complex is equipped with essential amenities such as Wi-Fi, HBO/Cinemax subscriptions, new electrical lines, and updated TVs. The air conditioning units have been recently replaced, and all furniture, fixtures, and equipment (FF&E) are included in the sale, making this a turnkey business. The on-site manager is open to staying on post-sale, providing continuity for the buyer. This property is an excellent for both short and long-term rentals, boasting a stellar reputation and a loyal customer base. The seller is even open to the possibility of offering a small portion of seller financing, adding flexibility to the transaction. Key Features: Solid 9.7% CAP rate with low property taxes On-site manager available for seamless transition Modern upgrades, including new electrical lines and TVs All-new AC units enhance overall property value Conveniently located within 15 minutes of I-95, Daytona International Speedway, Historic Daytona Beach, and Daytona International Airport. Don't miss out on this hassle-free, turnkey business opportunity with a prime location and impressive returns.

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Information courtesy of Robert Slack LLC is subject to verification and is not guaranteed.
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