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404 S Ridgewood Ave - Multi Family 30 Rooms PadSplit- (-$800k) Immeuble de 14 068 pi² • Spécialité • À vendre 2 340 882 $ CAD • Taux de capitalisation 9,41% • Daytona Beach, FL 32114
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FAITS SAILLANTS DE L'INVESTISSEMENT
- A RARE GEM A Fully Renovated Historic Victorian Residence
- Ideal for investors seeking cash flow with valueadd or expansion upside Minutes to the beach, Int
- Stable income through PadSplit, the largest coliving platform in the U.S.
- Minutes to the beach, Intracoastal Waterway, Daytona International Speedway, Daytona Beach International Airport, and Bethune-Cookman University
- Diverse redevelopment potential with T-2 zoning
RÉSUMÉ DE L'ANNONCE
Over $800k reduction off Original List Price, this beautiful Pad Split Portfolio is performing at a superior level just to be clear. Motivated Owner(s) is now offering this Portfolio Income at significantly below Market Price. $115 P.S.F. plus 3 contiguous buildable Lots along with over $100k in Furniture and Fixtures for a complete Turnkey Rented Portfolio which will be included with an acceptable Offer. This opportunity consists of 5 parcels that include an 8,000 SF fully renovated Historic Victorian home, a 7,000 SF Co-living property (404 & 408 S Ridgewood Ave), 1,021 SF house (315 Live Oak Ave) plus 3 adjacent land parcels in Daytona Beach, FL. The homes are strategically located with 164 feet of prime frontage on US-1, just minutes away from the beach, the Intercoastal Waterway, and major attractions. This prime location, combined with the recent property enhancements and diverse zoning options, makes this Offering particularly appealing to investors and developers alike.
The centerpiece of this portfolio is the stunning Victorian home, listed on the U.S. National Register of Historic Places. Spanning an impressive 8,000 square feet, this Historic Gem boasts 10 uniquely decorated bedrooms, 5 full bathrooms, and two basement apartments. The current lease with Pad Split runs through July 2025. The third property of the portfolio is an adjacent 1,021 SF house located at 315 Live Oak St. The home consists of 4 bedrooms and 1 bathroom, this too has been fully renovated with new bathroom/shower, plumbing and General Electric upgrades. All 3 properties benefit from recent leases with Pad Split - the largest co-living marketplace in the US. Pad Split provides accessible and affordable housing solutions to hardworking individuals who form the backbone of society: teachers, traveling nurses, and other frontline workers. Finally, the 3 land parcels adjacent to the homes make up a total of .51 acres on Live Oak Avenue and Segrave St. These land parcels are zone T -2 which allows for a wide variety of uses.
The centerpiece of this portfolio is the stunning Victorian home, listed on the U.S. National Register of Historic Places. Spanning an impressive 8,000 square feet, this Historic Gem boasts 10 uniquely decorated bedrooms, 5 full bathrooms, and two basement apartments. The current lease with Pad Split runs through July 2025. The third property of the portfolio is an adjacent 1,021 SF house located at 315 Live Oak St. The home consists of 4 bedrooms and 1 bathroom, this too has been fully renovated with new bathroom/shower, plumbing and General Electric upgrades. All 3 properties benefit from recent leases with Pad Split - the largest co-living marketplace in the US. Pad Split provides accessible and affordable housing solutions to hardworking individuals who form the backbone of society: teachers, traveling nurses, and other frontline workers. Finally, the 3 land parcels adjacent to the homes make up a total of .51 acres on Live Oak Avenue and Segrave St. These land parcels are zone T -2 which allows for a wide variety of uses.
FAITS SUR LA PROPRIÉTÉ
| Prix | 2 340 882 $ CAD | Classe d’immeuble | C |
| Prix par pi² | 166,40 $ CAD | Taille du lot | 1,48 AC |
| Type de vente | Investissement | Taille du bâtiment | 14 068 pi² |
| Taux de capitalisation | 9,41% | Nombre d’étages | 3 |
| Condition de vente | Ventes de portefeuille | Année de construction/rénovation | 1901/2023 |
| Type de propriété | Spécialité | Ratio de stationnement | 1,08/1 000 pi² |
| Zonage | T2 - T-2 qui permet une grande variété d'utilisations : unifamiliale, multifamiliale, STR, soins infirmiers qualifiés, bureau, commerce de détail, etc. | ||
| Prix | 2 340 882 $ CAD |
| Prix par pi² | 166,40 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 9,41% |
| Condition de vente | Ventes de portefeuille |
| Type de propriété | Spécialité |
| Classe d’immeuble | C |
| Taille du lot | 1,48 AC |
| Taille du bâtiment | 14 068 pi² |
| Nombre d’étages | 3 |
| Année de construction/rénovation | 1901/2023 |
| Ratio de stationnement | 1,08/1 000 pi² |
| Zonage | T2 - T-2 qui permet une grande variété d'utilisations : unifamiliale, multifamiliale, STR, soins infirmiers qualifiés, bureau, commerce de détail, etc. |
COMMODITÉS
- Climatisation
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Walk Score®
Très pratique à pied (79)
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 755 081 $ CAD | |
| Évaluation du terrain | 225 502 $ CAD | Évaluation totale | 980 583 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
225 502 $ CAD
Évaluation des bâtiments
755 081 $ CAD
Évaluation totale
980 583 $ CAD
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404 S Ridgewood Ave - Multi Family 30 Rooms PadSplit- (-$800k)
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