1216 KENNEDY RD, DAYTONA BEACH, FL, 32117
$2,450,000
Commercial Sale
Living Area
19,854 Sqft
Lot Size
35,398 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRTB8496656 Year Built: 1974
Construction Materials: Block Cooling: Central Air
Country: US County Or Parish: Volusia
Foundation Details: Slab Levels: Two
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Commercial Financing
Occupant Type: Tenant Property Sub Type: Multi-Family 5+
Property Type: Commercial Sale Road Frontage Type: City Street
Road Surface Type: Asphalt Roof: Shingle
Showing Requirements: Appointment Only, Do Not Contact Tenants Special Listing Conditions: None
Standard Status: Active State Or Province: FL
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