1018 Cutters Way 8,331 SF Flex Building Daytona Beach, FL 32119 $1,095,572 CAD ($131.51 CAD/SF) 11.49% 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 |
$133,133
|
$15.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$133,133
|
$15.98
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,489
|
$0.90
|
| Net Operating Income |
$125,644
|
$15.08
|
PROPERTY FACTS
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 of 1
PROPERTY TAXES
| Parcel Number | 5344-16-00-1385 | Improvements Assessment | $388,737 CAD (2024) |
| Land Assessment | $46,352 CAD (2024) | Total Assessment | $435,089 CAD (2024) |
ZONING
| Zoning Code | BHC (BHC - Business Heavy Commercial. Storage Facility, Auto Shop, Offices, Cabinet Shop...See attachments for complete list of uses) |
CONTACT
-
Ray Joy - Ray Joy Realty LLC
