Westwood Apartments | 125 S Salisbury Ave
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Westwood Apartments 125 S Salisbury Ave
17 Unit Apartment Building For Sale Deland, FL 32720
Investment Highlights
- Recently Renovated Property
- Value Add $7,000-$9,000 in Rental Upside
Executive Summary
100Units.com presents Westwood Apartments which is a 17-unit multifamily
complex, renovated in 2024. The buildings are of wood construction with all new
pitched-shingle roofing installed in 2023. The property consists of 3, two-story
apartment buildings with a total of approximately 13,200 gross square feet and is
situated on .68 acres. The unit mix is 2 efficiencies, 5 one bedroom one bath units,
10 two bedroom one bath units. The utilities are separately metered for electric.
Water, sewer and trash collection is paid for by the landlord. The units feature central air conditioning and the community has an on-site laundry facility. Renovated interiors include updated kitchens, bath and flooring;. Renovated exteriors included all new windows, painting and roofing. All of the roofs were replaced in 2023.
Ideally located near state road 44, Deland Municipal Airport, Deland Museum of Art, Blue Springs State Park and Stetson University.
complex, renovated in 2024. The buildings are of wood construction with all new
pitched-shingle roofing installed in 2023. The property consists of 3, two-story
apartment buildings with a total of approximately 13,200 gross square feet and is
situated on .68 acres. The unit mix is 2 efficiencies, 5 one bedroom one bath units,
10 two bedroom one bath units. The utilities are separately metered for electric.
Water, sewer and trash collection is paid for by the landlord. The units feature central air conditioning and the community has an on-site laundry facility. Renovated interiors include updated kitchens, bath and flooring;. Renovated exteriors included all new windows, painting and roofing. All of the roofs were replaced in 2023.
Ideally located near state road 44, Deland Municipal Airport, Deland Museum of Art, Blue Springs State Park and Stetson University.
Property Facts
| Sale Type | Investment | Lot Size | 0.68 AC |
| No. Units | 17 | Building Size | 12,900 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1974 |
| Apartment Style | Low Rise | Parking Ratio | 6.51/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 12,900 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 6.51/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 17 | - | - |
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PROPERTY TAXES
| Parcel Number | 7017-05-03-0240 | Improvements Assessment | $1,057,546 |
| Land Assessment | $204,000 | Total Assessment | $1,261,546 |
PROPERTY TAXES
Parcel Number
7017-05-03-0240
Land Assessment
$204,000
Improvements Assessment
$1,057,546
Total Assessment
$1,261,546
zoning
| Zoning Code | 05R-12 (R-12 (SINGLE-FAMILY RESIDENTIAL)) |
| 05R-12 (R-12 (SINGLE-FAMILY RESIDENTIAL)) |
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Westwood Apartments | 125 S Salisbury Ave
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