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🏢 Just listed — Apartment Building Multifamily for sale in Orange City, FL.

📍 500 E Ohio Avenue, Orange City, FL
🏷  Apartment Building Multifamily · For Sale
💰 $3.26M

Multifamily Development Land | 109 Units

<ul><li>Size: ±9.11 acres</li><li>Parcel: 8011-08-29-0150</li><li>Zoning: Multifamily - 109 units</li><li>Utilities: Available</li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/florida/orange-city/entitled-multifamily-development-land-2563326-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=entitled-multifamily-development-land-2563326

#OrangeCity #Multifamily #CommercialRealEstate #CRE #Investment

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Home/FL/Orange City

500 E Ohio Avenue

Orange City, FL 32763

Asking Price

$3.26M

Asset Type

Apartment Building Multifamily

Class

Class B

What's Special

Multifamily Development Land | 109 Units <ul><li>Size: ±9.11 acres</li><li>Parcel: 8011-08-29-0150</li><li>Zoning: Multifamily - 109 units</li><li>Utilities: Available</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

2.45%

DSCR

0.41

Underwater

Cash-on-Cash

-11.62%

Monthly Payment

$16,151.212

Annual Cash Flow

$-113,814.546

Location & Travel Times

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Listed by Owner · For Sale