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1018 Cutters Way 8,331 SF Flex Building Daytona Beach, FL 32119 $1,102,777 CAD ($132.37 CAD/SF) 11% Cap Rate
INVESTMENT HIGHLIGHTS
- 16 UNITS
- Cabinet Shop
- 2 APARTMENTS
EXECUTIVE SUMMARY
Storage Facility. {16 units} with 2 apartments 1 efficiency, 1 - 3 bedroom. Fully remodeled , Granite, New appliances , New AC, New Water Heaters, Metal Roof, New Bathrooms (exterior) and a Cabinet Making Shop. Owner will finance. Permanent tenant. ZONING BHC Business Heavy Commercial.
$7650 + / month income at full capacity.
***TURN KEY OPERATION WITH OWNER FINANCING!***
$7650 + / month income at full capacity.
***TURN KEY OPERATION WITH OWNER FINANCING!***
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$134,008
|
$16.09
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$134,008
|
$16.09
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,538
|
$0.90
|
| Net Operating Income |
$126,470
|
$15.18
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $134,008 |
| Annual Per SF | $16.09 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $134,008 |
| Annual Per SF | $16.09 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $7,538 |
| Annual Per SF | $0.90 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $126,470 |
| Annual Per SF | $15.18 |
PROPERTY FACTS
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 5344-16-00-1385 | Improvements Assessment | $391,328 CAD (2025) |
| Land Assessment | $45,307 CAD (2025) | Total Assessment | $436,635 CAD (2025) |
PROPERTY TAXES
Parcel Number
5344-16-00-1385
Land Assessment
$45,307 CAD (2025)
Improvements Assessment
$391,328 CAD (2025)
Total Assessment
$436,635 CAD (2025)
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Presented by
Ray Joy Realty LLC
1018 Cutters Way
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