Newly Built Modern 18 Unit Apartment Building Deltona, FL
2912 Cardinal St, Deltona, FL 32738, USA
Property Description
Investment Highlights
Located directly next to major retailers including Publix, Lowes and Circle K
Close proximity to an Amazon Distribution Center and the Halifax Hospital
Property management, Rome Management, is on-site
In-unit washer and dryers, stainless steel appliances and granite countertops
Executive Summary
New development in the City of Deltona totaling 18 luxury units with a country lifestyle, but in close proximity to everything you need. All apartments have stainless steel appliances, LTV flooring and granite countertops. The property is located in small-town Deland and sits along the St. Johns River. Downtown DeLand is a unique small town within Central Florida with boutiques and lush landscaping, and is only 35 miles East of Orlando. DeLand is home to the prominent private University, Stetson, which dates back to the 1800s. The property is also near Seminole State, Sanford and Seminole State, Heathrow. The area is rich in culture, with weekly events including common performances in the historic Athens Theater and multiple museums recounting the neighborhood's rich history.
Price Per Unit $283,333
Sale Type Investment
Cap Rate 5.04%
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 1.04 AC
Construction Status Under Construction
Building Size 16,488 SF
No. Stories 3
Year Built 2022
Parking Ratio 2.12/1,000 SF
Opportunity Zone No
Unit Amenities
Air Conditioning
Washer/Dryer
Heating
Kitchen
Granite Countertops
Stainless Steel Appliances
Tub/Shower
Site Amenities
24 Hour Access
Property Manager on Site
Wi-Fi
Contact Agent
Property Details
Property Type
Multifamily
Bedrooms
Bathrooms
Size
Floors
Year Built
Property Location
2912 Cardinal St, Deltona, FL 32738, USA
