Remarks

eXp Realty Commercial, as the exclusive advisor, is pleased to present CASA ARIA, a 50-unit, Class B luxury apartment home community in vibrant Daytona Beach, Florida. This exceptional property offers a mix of thoughtfully designed 1, 2 and 3 bedroom floor plans, catering to diverse resident needs.

Set across 10 meticulously maintained acres with six beautifully renovated buildings, CASA ARIA has experienced remarkable leasing rate growth since the commencement of its extensive renovation and beautification project in 2022/2023.

Strategically located on Clyde Morris Boulevard, the property boasts high visibility with over 34,000 vehicles passing daily. Residents enjoy unparalleled convenience with proximity to major highways, Daytona Beach International Airport, business hubs, shopping, dining, and recreation. An added advantage of this opportunity is the assumable loan feature, offering a seamless transition for investors looking to maximize returns while minimizing financing hurdles.

CASA ARIA represents a rare opportunity to acquire a premier luxury rental community in one of Daytona Beach's most desirable and high-growth submarkets. The area continues to flourish, supported by strong economic development and population growth, ensuring long-term stability and demand.

Key Highlights:

Unit Mix: Modern 1, 2, and 3 bedroom floor plans.
Prime Location: High traffic exposure and connectivity to essential amenities.
Renovated Appeal: Significant upgrades completed in 2022, offering residents a quality lifestyle.
Market Growth: Situated in a thriving submarket with increasing demand for quality housing.

Seize the chance to be part of Daytona Beach's thriving real estate market - this is the investment opportunity you've been waiting for!

Details

MLS#: 1207981
Price: $7,485,000

Style: Multi Family
Sq Ft: 10000
Year Built: 1987

County: Volusia
Tax Fee: 79513