About 1212 S Ridgewood Avenue
18 Unit Apartment Complex that includes 1208 and 1212 S Ridgewood Ave in Daytona Beach each with 9 units. Consists of two parcels including 6 buildings. Central location close to shopping, dining, and main transportation routes. The property has recent improvements and basically stays full. Solid cash flow and a number of units scheduled for rent increases. 1208 has Two 1 bedroom units, One 2 bedroom unit, and Six studio units. 1212 has One 2 bedroom free standing home, One 1 bedroom unit, and Seven studio units. Some units have hardwood floors and the others are tiled. There are additional storage areas and room for a laundry room. The landlord pays the electric and gas for one of the properties. See attached rent roll and pro-forma for financial details.
Features of 1212 S Ridgewood Avenue
| MLS® # | 1107734 |
|---|---|
| Price | $1,600,000 |
| Bedrooms | 20 |
| Square Footage | 7,202 |
| Year Built | 1935 |
| Type | Multifamily |
| Sub-Type | 5+ Units |
| Style | Apartment Building |
| Status | Sold |
Community Information
| Address | 1212 S Ridgewood Avenue |
|---|---|
| Area | 32 - Daytona Beville to ISB, E of 95 |
| Subdivision | Howe |
| City | Daytona Beach |
| County | Volusia |
| State | FL |
| Zip Code | 32114 |
Amenities
| Utilities | Natural Gas |
|---|---|
| Parking | Off Street, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Smoke Detector, Cable TV |
|---|---|
| Appliances | Range, Refrigerator |
| Heating | Central, Electric, Mixed, Wall/Window Units |
| Cooling | Central, Wall/Window Units, Mixed |
| Fireplace | No |
Exterior
| Exterior Features | Balcony/Decking, Public Bus |
|---|---|
| Roof | Composition Shingle, Rolled |
| Construction | Concrete Block, Wood Frame, Stucco Cover, Shingle Siding, Wood Siding |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |