16 bedroom house for sale
Daytona Beach FL 32117
- Property Type
- House
- Price
- $925,000
- Beds
- 16
- Baths
- 7.5
Overview
Fantastic turkey investment property package of 3 properties 100% occupied with 16 tenants producing $14, 077.00 gross monthly income listed at an 8.5% cap rate based on actual 2023 financials. An unheard of 9% cap rate based on 2024 financials so far this year. You may have heard the term house hack or PadSplit, these are fully furnished rentals, rented out individually by the room. All furnishings are included in the sale, and 45 days of management training included. The current owners have been doing this business model since 2011. It's 100% turnkey, tenants are all on month by month leases for flexibility, however on average most tenants stay 12-18 months, some even longer All of the properties are in great shape and have no deferred maintenance. Properties included in the sale: Property #1: 6 bedroom 2 bath house, Property #2: 4 bedroom 1 bath house and detached studio apartment with full kitchen and bath. Property #3: 4 bedroom 2 bath house and attached studio apartment with full kitchen and bath. Full financials, property list, and additional details with signed non-disclosure agreements.
Details
- Beds: 16
- Baths: 7.5
- Price: $925,000
- Reference No.: 71473348
- Area: 4,801 sqft
Location
Daytona Beach FL 32117
16 bedroom house for saleRelated Properties
Disclaimer
2024-05-05, Viewed 1 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-05-05, Viewed 1 times.
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