Palmetto Palms

Open

  • Daytona Beach, FL
    25 Units
    15% Projected IRR
  • 2.0x-3.0x Targeted Equity
    Multiple
$
Category:

Description

DELTONA – DAYTONA BEACH – ORMOND BEACH

Sunshine, miles of sandy beaches and motorsports are among the many features that draw visitors to the Daytona Beach metro, making tourism the largest economic driver. The region’s growing manufacturing sector and a vibrant healthcare sector also provide jobs. A more affordable cost of living than larger nearby metros attracts businesses and retirees. The Daytona Beach metro comprises all of Volusia and Flagler counties. The city of Daytona Beach itself is located 55 miles northeast of Orlando and 95 miles southeast of Jacksonville.

Flagler County is home to a diverse and expanding business and industrial community. More than 42,000 individuals are employed across the county, particularly in some of the top growing industries in the area, which include retail trade, hospitality, healthcare, and manufacturing.
Daytona Beach is home to the oldest and largest aviation and aerospace university, Embry
Riddle Aeronautical University, providing an abundance of opportunities for individuals interested in the aviation industry.

The largest employer in the region is Volusia County Schools, which employs more than 7,300 faculty and staff. Visitors are drawn to the region for its beaches and outdoor activities, along with the yearly Daytona 500 NASCAR race, which brings millions of dollars to the local economy.

Additional information

Property Highlights

25 Unit Apartment Community

Located Less Than Three Miles From Heart Of Daytona Beach

Beautifully Maintained, Strong Cash Flowing Asset With High Historical Occupancy

Spacious Floorplans Averaging 850 Square Feet