Multifamily
Regents Park
660 8th St, Daytona Beach, FL 32117
Listing Price: $4,200,000
Cap Rate
6.59%
Number of Units
32
GRM
8.14
Price/Unit
$131,250
Investment Overview
Regents Park is a “B” class, 32-unit, two-story multifamily property located in Holly Hill, FL (Daytona MSA)
Regents Park
Investment Highlights
- Regents Park is a "B" class, 32-unit, two-story property
- The property has been meticulously maintained and operated by the same owner since 1986
- The unit mix consists of a combination of 2/1s, 2/1.5s and 2/2s
- The property has a long history of strong tenant retention
- Immediate upside through the re-stabilization of the property after five units were purposely vacated
- Regents is located in a quiet residential area, but just minutes from the two main thoroughfares that run through Daytona, Nova Road and US Highway 1
- The property is situated less than six miles from the Tanger Outlets, Volusia Mall, Embry-Riddle Aeronautical University, Daytona International Speedway, Daytona Beach International Airport, and numerous other retail, entertainment and employment opportunities
- Nearly 80% of the units have been partially or fully renovated
Exclusively Listed By
Financing By
Listing Price: $4,200,000
Cap Rate
6.59%
Number of Units
32
GRM
8.14
Price/Unit
$131,250
Investment Highlights
- Regents Park is a "B" class, 32-unit, two-story property
- The property has been meticulously maintained and operated by the same owner since 1986
- The unit mix consists of a combination of 2/1s, 2/1.5s and 2/2s
- The property has a long history of strong tenant retention
- Immediate upside through the re-stabilization of the property after five units were purposely vacated
- Regents is located in a quiet residential area, but just minutes from the two main thoroughfares that run through Daytona, Nova Road and US Highway 1
- The property is situated less than six miles from the Tanger Outlets, Volusia Mall, Embry-Riddle Aeronautical University, Daytona International Speedway, Daytona Beach International Airport, and numerous other retail, entertainment and employment opportunities
- Nearly 80% of the units have been partially or fully renovated
Investment Overview
Regents Park is a “B” class, 32-unit, two-story multifamily property located in Holly Hill, FL (Daytona MSA)
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
