Volusia Crossing

Description

A 148-unit market property located in Daytona Beach, Florida. Property was acquired and capital improvements are currently underway to address deferred maintenance while modestly upgrading units
to accelerate rent growth. Operational improvements are also occuring and stabilization expected by end of
2016.

City
Daytona Beach
State
Florida
Aquisition date
December 2015
Number of units
148
Surface area
8722 m2
Fair value
7.3 Mio USD