330 E Rich Ave (MULTI-PARCEL SALE), DELAND, FL 32724
$1,082,100
Multi Family
MLS# V4638505
ID: 20603889
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Opportunity for Owner/Investor. A portfolio of 10 Properties with 13 doors producing stable, gross rental income of 11% and a net cash yield of >8.7%. Expanding rental market for single family homes SunRail commuter community for Orlando. Less than one hour drive to Orlando International Airport. Orlando and Daytona Beach are premier tourist destinations DeLand averages 4% population growth / year (Florida 3rd in nation).Most of the homes are steps from downtown DeLand and County Admin facilities,(Captive audience of future tenants!) as well as a 'Back Door' proximity to Stetson University for student housing. Stetson University predicting 25% Growth in 2013. Debt free properties with rental / lease agreements in place Stable tenants with good payment track records. Excellent potential for Owner/Manager. Turnkey property management for absent investor (if desired). Confidential listing. Please do not contact tenants. No for sale signs
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This $1,082,100 Multi Family at 330 E Rich Ave (MULTI-PARCEL SALE) in DELAND, FL is listed by MAUREEN KEMP . This $1,082,100 Multi Family, located in the 32724 zip code , has the following property features: Taxes, Floors, Cooling System, MLS Area. This 330 E Rich Ave (MULTI-PARCEL SALE) Multi Family, located in Volusia County, is listed under MLS listing number V4638505, has beds, 0 baths, and has a listing price of $1,082,100. You can find more of MAUREEN KEMP's listings by browsing homes for sale at HomesAndLand.com, or even more DELAND homes for sale here.
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