Bermuda Estates at Ormond Beach 100 Hamilton Circle Ormond Beach, FL

House For Sale in Ormond Beach (ref ID: 621898)

Ref ID Bedrooms Bathrooms Price
621898 Studio   $42,000,000
Multi-Family Property, 344 Units, $42,000,000 "A" property in an awesome location being adjacent to I-95 and a major artery through Ormond.  In addition, Halifax Medical is building their new 10-story hospital less than a mile from the property, along with supporting medical offices in the surrounding area.  This property is also very close to the following schools:  Embry Riddle Aeronautical College, Bethune Cookman College, Daytona Beach Community College and Flagler College.  There is also immediate shopping, dining and major employment centers. The property is presently being leased up, being at 76%. No debt is assumed with the property. Unit Mix :  Amount     Type           S.F. 48         1BR/1BA           835 48         1BR/1BA           907 84         2BR/2BA         1,105 84         2BR/2BA         1,224   40         3BR/2BA         1,315 40         3BR/2BA         1,434            344                              948 State of the art Clubhouse with Grand Room Business Center and Conference Room Resort-Style Pool with Screened Veranda Convenient Summer Kitchen Fully Equipped Fitness Center Volleyball Courts Barbecue Areas Playground Car Care Center Wireless "hot spots" in Clubhouse and Pool Attached & Detached Garages Available Private Storage Units Available Fully equipped Kitchen w/designer appliances Wood Cabinets & 2" Wooden Blinds Designer Ceramic Tile in Foyer, Kitchen & Master Bath Intrusion Alarm Cable-Ready High Speed Internet Access Garden Tubs in Select Units Full size Washer/Dryer Connections 9' Ceilings in Top Floor Units Click on following link for Letter of Intent for your use: BE LOI Counter 2 15 08.doc Click on the following link to view property website: www.bermudaestates-ormond.com Please contact me for the most current financials, Rent Roll and Profit & Loss statements.
Address
Bermuda Estates at Ormond Beach
Ormond Beach, Florida, 32174
(view map)
Sale Costs
Price: $42,000,000
Down: 0
Maint: 0
Taxes: 0
Agent Details
Frances Allen
Phone 407-509-6901
Mobile
Fax
1 Properties for sale
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