executive summary - loopnet · 2019. 6. 5. · dlp | 1 701 w. broad street,suite 200,bethlehem, pa...

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DLP | 1 701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmultifamily.com Don Wenner • President/CEO• 610.421.4610 • [email protected] PROPERTY OVERVIEW Mini Storage - Mini Warehouse - Self Storage Facility; Turn Key facility for Sale. Owner financing available as a 12 month bridge loan. Cash flows in year 1 with 25%-30% down. Qualified buyers only. Property boasts a clean look, concrete block construction and 100% occupancy. Building improvements consist of 49 self-storage/warehouse units, 2 office/apartment spaces. Apartments are suitable for future use as office space, especially floor 1. Zoning allows for flexible uses as permitted by both CC-1 and CRA districts. The CRA allows for grant funds to be allocated to qualifying facade improvements. Fully leased as 49 self-storage units, a 2 bedroom 1 bathroom apartment, and a studio apartment (first floor). 51 units total. Site improvements include utility service, partial chain link fencing, paving/concrete, and adequate drainage. Turn key and ready for new ownership. Management services available. PROPERTY HIGHLIGHTS 100% Occupancy 10x10 = 16 Units 10x20 = 33 Units One 2 BR / 1 Bath Apartment One Studio Apartment / Possible On-Site Office Flexible Commercial Zoning Owner Financing Available PROPERTY SUMMARY Sale Price: Subject To Offer NOI: $29,425 Lot Size: 20,000 SF Building Size: 9,430 SF Grade Level Doors: 49 Ceiling Height: 10.0 FT Year Built: 1986 Zoning: CC-1 // CRA // Commercial Market: Greater Daytona Beach Area Sub Market: Holly Hill & Ormond Beach Cross Streets: Pine Avenue & Elanore Street Traffic Count: 5,500 EXECUTIVE SUMMARY 1530 PINE AVENUE, HOLLY HILL, FL 32117

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Page 1: EXECUTIVE SUMMARY - LoopNet · 2019. 6. 5. · DLP | 1 701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmultifamily.com Don Wenner • President/CEO• 610.421.4610

DLP | 1

701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmult i fami ly.comDon Wenner • Pres ident/CEO• 610.421.4610 • don@dreaml iveprosper .com

PROPERTY OVERVIEWMini Storage - Mini Warehouse - Self Storage Facility; Turn Key facility for Sale. Owner financing available asa 12 month bridge loan. Cash flows in year 1 with 25%-30% down. Qualified buyers only. Property boasts aclean look, concrete block construction and 100% occupancy. Building improvements consist of 49self-storage/warehouse units, 2 office/apartment spaces. Apartments are suitable for future use as officespace, especially floor 1. Zoning allows for flexible uses as permitted by both CC-1 and CRA districts. TheCRA allows for grant funds to be allocated to qualifying facade improvements.

Fully leased as 49 self-storage units, a 2 bedroom 1 bathroom apartment, and a studio apartment (first floor).51 units total. Site improvements include utility service, partial chain link fencing, paving/concrete, andadequate drainage.

Turn key and ready for new ownership.Management services available.

PROPERTY HIGHLIGHTS

• 100% Occupancy

• 10x10 = 16 Units

• 10x20 = 33 Units

• One 2 BR / 1 Bath Apartment

• One Studio Apartment / Possible On-Site Office

• Flexible Commercial Zoning

• Owner Financing Available

PROPERTY SUMMARY

Sale Price: Subject To Offer

NOI: $29,425

Lot Size: 20,000 SF

Building Size: 9,430 SF

Grade Level Doors: 49

Ceiling Height: 10.0 FT

Year Built: 1986

Zoning: CC-1 // CRA // Commercial

Market: Greater Daytona Beach Area

Sub Market: Holly Hill & Ormond Beach

Cross Streets: Pine Avenue & Elanore Street

Traffic Count: 5,500

EXECUTIVE SUMMARY1 5 3 0 P I N E A V E N U E , H O L L Y H I L L , F L 3 2 1 1 7

Page 2: EXECUTIVE SUMMARY - LoopNet · 2019. 6. 5. · DLP | 1 701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmultifamily.com Don Wenner • President/CEO• 610.421.4610

DLP | 2

701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmult i fami ly.comDon Wenner • Pres ident/CEO• 610.421.4610 • don@dreaml iveprosper .com

ADDITIONAL PHOTOS1 5 3 0 P I N E A V E N U E , H O L L Y H I L L , F L 3 2 1 1 7

Page 3: EXECUTIVE SUMMARY - LoopNet · 2019. 6. 5. · DLP | 1 701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmultifamily.com Don Wenner • President/CEO• 610.421.4610

DLP | 3

701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmult i fami ly.comDon Wenner • Pres ident/CEO• 610.421.4610 • don@dreaml iveprosper .com

UNIT MAP1 5 3 0 P I N E A V E N U E , H O L L Y H I L L , F L 3 2 1 1 7

Page 4: EXECUTIVE SUMMARY - LoopNet · 2019. 6. 5. · DLP | 1 701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmultifamily.com Don Wenner • President/CEO• 610.421.4610

DLP | 4

701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmult i fami ly.comDon Wenner • Pres ident/CEO• 610.421.4610 • don@dreaml iveprosper .com

LOCATION MAPS1 5 3 0 P I N E A V E N U E , H O L L Y H I L L , F L 3 2 1 1 7

Page 5: EXECUTIVE SUMMARY - LoopNet · 2019. 6. 5. · DLP | 1 701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmultifamily.com Don Wenner • President/CEO• 610.421.4610

JEANNE FISH, CCIM Professional Background

Commercial Agent

1501 Ridgewood Avenue STE 217 Holly Hill, FL 32117

T. [email protected]

Investor DecisionsCommercial Lease Management

2018 DLP Leadership 2017 Certified Commercial Investment Member2016 Chair Commercial Investment Division Daytona Area Association of Realtors 2015 Certified Commercial Investment Member2015 Florida Real Estate Practice & Law2015 Chair Commercial Investment Division Daytona Area Association of Realtors 2015 Voted Best Real Estate Investment Service Company2014 Commercial Investment Division Member2013 Voted Best Real Estate Investment Service Company2013 Commercial Investment Division Member2013 President Holly Hill Chamber of Commerce Leads Group 12012 President Holly Hill Chamber of Commerce Leads Group 12012 Adviser Holly Hill Green Task Force2012 Voted Best Real Estate Investment Service Company2004 License # RI13476 Registered Trainee Appraiser2003 Course Completion IFREC USPAP2003 Course Completion Basic Appraisal PrinciplesNational Association of RealtorsFlorida Association of RealtorsDaytona Area Association of RealtorsDaytona Beach Chamber of CommerceHolly Hill Chamber of CommerceOrmond Chamber of CommerceHalifax Habitat for Humanity

Real Estate Sales FL, GA, CT, ALFL Ordained Minister

DLP | 5

701 W. Broad Street,Suite 200,Bethlehem, PA 18018 • 610.421.4610 • dlpmult i fami ly.comDon Wenner • Pres ident/CEO• 610.421.4610 • don@dreaml iveprosper .com

JEANNE FISH BIO & CONTACT1 5 3 0 P I N E A V E N U E , H O L L Y H I L L , F L 3 2 1 1 7