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1050 Wayne Ave
New Smyrna Beach, FL 32168

$6,700,000 USD

Apartments For Sale  •  32,407 SF

Property Details

  • Property Type Apartments
  • Total Building Size 32,407 SF
  • Lot Size 4.14 AC
  • Building Class C
  • Year Built 1980
  • Zoning 10R4
0 Transit Score
18 Walk Score

Highlights

Current ownership will agree to hold $1MM at 6% interest rate which will run concurrently with their mortgage
Assumable Fannie Mae Loan with seven years remaining at 4.9% interest rate
Less than $1.5MM needed for potential acquisition
Nearly $150,000 of capital expenditures invested within the last few years
Existing 0.15 acre concrete slab which could be utilized for additional units or common area amenities
Six 2-story buildings with a centrally located pond situated on 4.14 acres

Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Gas Range
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Walk-In Closets
  • Carpet
  • Pond
  • Double Pane Windows
  • Family Room
  • Pantry
  • Vinyl Flooring
  • Window Coverings

Public Transportation

AirportDriveWalkDistance
Daytona Beach International 28 min - 18.4 mi
Orlando Sanford International 48 min - 32.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 61
Type: Surface
Included in Rent: Yes
Andrew Green 407-757-1912 Foundry Commercial
Andrew Green 407-757-1912 Foundry Commercial