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1216 Kennedy Rd
Daytona Beach, FL 32117
Kennedy Garden Apartments · Multifamily Property For Sale
·
20 Units
Investment Highlights
- All 2 Bed 1 Bath Units
- Roof Replaced in 2019
- On Site Leasing Office
Executive Summary
Welcome to Kennedy Garden Apartments, a 20-unit apartment building in Daytona Beach, FL. This meticulously maintained building offers a lucrative investment with strong rental potential and a desirable unit mix. Each of the 20 units features two bedrooms and one bathroom, offering approximately 900 square feet of living space. The roof of the building was replaced in 2019, ensuring structural integrity and providing peace of mind for both residents and property owners.
There is an on-site leasing office that streamlines tenant interactions, leasing processes, and property management, enhancing the building's operational efficiency. Tenants are responsible for their electricity bills, while the landlord covers water and sewer expenses. With a fully occupied building and competitive rental rates, this property offers a consistent and reliable income stream for investors.
There is an on-site leasing office that streamlines tenant interactions, leasing processes, and property management, enhancing the building's operational efficiency. Tenants are responsible for their electricity bills, while the landlord covers water and sewer expenses. With a fully occupied building and competitive rental rates, this property offers a consistent and reliable income stream for investors.
Property Facts
| Price Per Unit | $169,485 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.81 AC |
| Cap Rate | 7% | Building Size | 20,030 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Parking Ratio | 0.99/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RES (Residential) - A land-use regulation that controls how properties can be developed in residential areas. | ||
| Price Per Unit | $169,485 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 20,030 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 0.99/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RES (Residential) - A land-use regulation that controls how properties can be developed in residential areas. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Microwave
- Heating
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 20 | $1,418 CAD | 900 |
Property Taxes
| Parcel Number | 4244-01-20-0086 | Improvements Assessment | $1,280,220 CAD |
| Land Assessment | $551,916 CAD | Total Assessment | $1,832,136 CAD |
Property Taxes
Parcel Number
4244-01-20-0086
Land Assessment
$551,916 CAD
Improvements Assessment
$1,280,220 CAD
Total Assessment
$1,832,136 CAD
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