Investment Opportunity: 420 Auburn Drive, Daytona Beach, FL

420 Auburn Drive presents an exceptional investment opportunity in the heart of Daytona Beach. This 10-unit apartment complex is a turnkey investment with strong in-place cash flow and opportunities for value appreciation. Featuring a mix of one-bedroom and studio units, the property attracts a diverse tenant base, ensuring consistent occupancy and stable rental income.

With Daytona Beach’s strong rental market, this asset offers immediate rental income stability and future upside potential through rent increases and strategic renovations.

Why Invest in 420 Auburn Drive?

✅ Prime Location: Minutes from the beach, shopping, dining, and major employers, ensuring high tenant demand.

✅ Diverse Unit Mix & Occupancy:

• 7 One-Bedroom Units (Rents: $1,200 - $1,650)

• 3 Studio Units (Rents: $1,100 - $1,150)

• Current Rent Roll: $12,800 per month / $153,600 annually

• 100% Occupied with long-term tenants in place

✅ Strong Rental Demand: Daytona Beach’s growth in tourism, job market, and new developments ensures steady demand for rental properties.

✅ Value-Add Potential: With renovation opportunities, the property has the potential to increase rents to market rates, boosting NOI and property value.

✅ Financial Strength:

• Current Monthly Rental Income: $12,800

• Market Rent Potential: Estimated 10-15% increase with updates

• Projected Cap Rate: [Insert cap rate based on financials]

• Low Vacancy Rate: Consistently fully leased due to location and demand

Market Insights & Growth Potential

📈 Daytona Beach’s rental market is thriving, with rising property values and an increasing population. With new commercial and infrastructure developments, real estate investors are capitalizing on strong appreciation trends.

Act Now – This Investment Won’t Last!

This is a rare opportunity to acquire a high-yielding multifamily asset in a booming market.