201 Kost Road

    South Daytona, FL 32119
    • $575,000
    • STATUS: Pending
    • ON SITE: 75 days
    • MLS #: 1069289
    Pending
    UPDATED: 38 min ago
    $575,000
    • 14
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,105
      SQFT
    • $94
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Ratings & Info

    Description

    An opportunity to own Brick and Mortar and lock in generationally low interest rates. 7 units - each are 2 bed / 1 bath. Below market rents. The actual cap rate at the current rents is 6.64%. At market rents, the proforma cap rate is 8.41%.Walk to River, Boat Ramp at Riverfront, Veteran Memorial Park, Publix, Votran & shopping. Great rental location.

    Monthly Payment Calculator



    © 2020 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cook Group Luxury Real Estate | RE/MAX Signature. Data last updated: 2020-06-01T12:27:03.367.
    www.cookgroupdaytona.com/homes/104254207

    201 Kost Road South Daytona, FL 32119

    • Price: $575,000
    • Status: Pending
    • Updated: 38 min ago
    • MLS #: 1069289
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    6,105
    SQFT
    $94
    $/SQFT
    1971
    Built
    Neighborhood:
    Palm Harbor
    County:
    Volusia
    Area:
    Daytona S of Beville, E of Nova
    Property Description
    An opportunity to own Brick and Mortar and lock in generationally low interest rates. 7 units - each are 2 bed / 1 bath. Below market rents. The actual cap rate at the current rents is 6.64%. At market rents, the proforma cap rate is 8.41%.Walk to River, Boat Ramp at Riverfront, Veteran Memorial Park, Publix, Votran & shopping. Great rental location.
    Interior Features

    Sq Ft Total 6105.00

    Property Features

    As Is Condition Yes Financial Package Yes Franchise Opt In No Homestead Exempt No Maint Fee 0.00 Maint Fee Paid N/A New Builder Home No Property Name Kost Apartments Special Contingency No Sq Ft Source Property Appraiser Style 5+ Units Tax Year 2019 Taxes 6938.27 Zoning Multi-Family

    Listing courtesy of Norma Campbell of Coldwell Banker Commercial Benchmark.


    © 2020 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cook Group Luxury Real Estate | RE/MAX Signature. Data last updated: 2020-06-01T12:27:03.367.
     
    Cook Group Luxury Real Estate | RE/MAX Signature
    3340 S. Atlantic Avenue
    Daytona Beach Shores FL, 32118