387,532 APPROX. SQ/FT

NET INCOME AFTER ( T & I ) $ 2,322,850.00 ANNUAL

MORTGAGE ASSUMABLE

1ST MORTGAGE  $ 30 MILL + - AT 3.5%

ASSUMPTION FEE 1%

Bermuda Estates at Ormond Beach Apartments Description

Bermuda Estates is a luxurious Ormond Beach apartment community on SR 40 just moments from I-95, the new Florida Hospital Memorial Medical Center, and just minutes from Ormond Beach Municipal Airport, Daytona International Airport, Tomoka State Park and other area recreation and entertainment. Located on a sprawling 57-acre expanse that borders on the Tomaka River, a pristine site that remains as a preserve area, Bermuda Estates at Ormond Beach is also close to schools, shopping, restaurants, banking and the beaches

Amenities

  • Pool
  • Playground
  • Package Receiving
  • Short Term Lease
  • On-site Management
  • Fitness Center
  • On-site Maintenance
  • Sundeck
  • High Speed Internet Available
    • Rec Room
    • Clubhouse
    • Business Center
    • BBQ/Picnic Area
    • Convenient Car Wash Area
    • Lush Manicured Landscaping
    • Kids Play Room
    • Resort Style Pool
    • Comprehensive 24hr Fitness Center

    Bermuda Estates at Ormond Beach

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you have an appraisal or bpo in hand?

Send me this deal by email at jjbrealtyadvisors@gmail.com.
Is the income NOI or by pro forma?

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