1018 Cutters Way
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1018 Cutters Way
8,331 SF Flex Building Daytona Beach, FL 32119 $1,111,056 CAD ($133 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 | $135,089 | $16.22 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $135,089 | $16.22 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $7,599 | $0.91 |
Net Operating Income | $127,491 | $15.30 |
Financial Summary (Actual - 2023)
Gross Rental Income (CAD) | |
---|---|
Annual | $135,089 |
Annual Per SF | $16.22 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $135,089 |
Annual Per SF | $16.22 |
Taxes (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses (CAD) | |
---|---|
Annual | $7,599 |
Annual Per SF | $0.91 |
Net Operating Income (CAD) | |
---|---|
Annual | $127,491 |
Annual Per SF | $15.30 |
Property Facts
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
Parcel Number | 5344-16-00-1385 | Improvements Assessment | $378,971 CAD (2024) |
Land Assessment | $45,188 CAD (2024) | Total Assessment | $424,159 CAD (2024) |
PROPERTY TAXES
Parcel Number
5344-16-00-1385
Land Assessment
$45,188 CAD (2024)
Improvements Assessment
$378,971 CAD (2024)
Total Assessment
$424,159 CAD (2024)
zoning
Zoning Code | BHC (BHC - Business Heavy Commercial. Storage Facility, Auto Shop, Offices, Cabinet Shop...See attachments for complete list of uses) |
BHC (BHC - Business Heavy Commercial. Storage Facility, Auto Shop, Offices, Cabinet Shop...See attachments for complete list of uses) |
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Presented by
Ray Joy Realty LLC
1018 Cutters Way
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