Turnkey 25-Unit Multifamily Investment - True 6 Percent CAP | River Views | $150,000 Per Door. Introducing 732 N. Halifax Avenue, a fully completed 25-unit apartment building in Daytona Beach, FL -now available for purchase at $3,750,000 ($150,000 per door). This stabilized, income-producing asset offers a true 6P capitalization rate based on a current Net Operating Income of $227,228, verified and up to date. These are real numbers — no projections, no inflation, no guesswork. Positioned just blocks from the beach and offering expansive views of the Halifax River and Atlantic Intracoastal Waterway system, this five-story building attracts strong tenant demand while requiring minimal maintenance. While not directly waterfront, many units benefit from attractive river vistas, which enhance long-term leasing potential. Key investment highlights: • 25 Units: Mix of 1- and 2-bedroom layouts• Coin-operated laundry in the first-floor lobby• Concrete block construction for long-term (cont) " Elevator access, secure entry, and designated parking " Located in a strong rental corridor with limited multifamily competition nearby With a solid in-place income stream and no immediate capital improvements needed, this property is ideal for investors seeking reliable returns in a high-growth Florida market. At the asking price, this building delivers consistent cash flow with verified financials and a clean 6 percent cap rate. Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high-performing asset

Listing courtesy of Matt Gomes of Miller Real Estate and Assoc.



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Last checked: 2025-05-29 01:30 PM UTC