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Multifamily

Dolphin Apartments

619 Peachtree St, Cocoa, FL 32922

Listing Price: $1,700,000

Cap Rate
6.31%
GRM
9.05

Investment Overview

A 15-unit community consisting of one 13-unit apartment building and two single family homes in Cocoa, FL

Investment Highlights

  • A 15-unit community consisting of one 13-unit apartment building and two single family homes in Cocoa, FL
  • Stabilized property with defendable upside through continued unit renovations and rent growth with a pathway to a double digit cash on cash return
  • Nestled in Florida's "Space Coast"; home of NASA, SpaceX, Blue Origin, Lockheed Martin and Boeing
  • Located 10 miles from the world famous Cocoa Beach
  • Situated just minutes from Space X's Rocket Assembly Site, Launch and Landing Control Center and Blue Origin Rocket Factory
  • Brevard County is Florida's Fastest Growing Tech Sector and ranks second nationally for job growth - Space Coast Daily
  • The Space Coast area saw employment in high-tech industries climb by nearly 42% in the past five years
  • Approximately one mile from the Cocoa Riverfront Park and Cocoa Civic Center with direct proximity to local and national eateries

Exclusively Listed By

Financing By

Multifamily

Dolphin Apartments

Investment Highlights

  • A 15-unit community consisting of one 13-unit apartment building and two single family homes in Cocoa, FL
  • Stabilized property with defendable upside through continued unit renovations and rent growth with a pathway to a double digit cash on cash return
  • Nestled in Florida's "Space Coast"; home of NASA, SpaceX, Blue Origin, Lockheed Martin and Boeing
  • Located 10 miles from the world famous Cocoa Beach
  • Situated just minutes from Space X's Rocket Assembly Site, Launch and Landing Control Center and Blue Origin Rocket Factory
  • Brevard County is Florida's Fastest Growing Tech Sector and ranks second nationally for job growth - Space Coast Daily
  • The Space Coast area saw employment in high-tech industries climb by nearly 42% in the past five years
  • Approximately one mile from the Cocoa Riverfront Park and Cocoa Civic Center with direct proximity to local and national eateries

Investment Overview

A 15-unit community consisting of one 13-unit apartment building and two single family homes in Cocoa, FL

Exclusively Listed By

Financing By

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