464 Brentwood Drive, Daytona Beach

PROPERTY DETAILS

Capstone acquired a value add workforce housing multifamily property located at 464 Brentwood Drive, Daytona Beach.

Property Renovations Include:

  • Complete roof, HVAC, packing lot, and all new exterior LED lighting upgrade.
  • ¬†Reimagined apartment design including new carpet, new kitchen, new flooring and upgraded appliances.
  • Complete landscaping overhaul, new front entrance, better visibility.
Asset Class Multifamily
Property Size 128 Units
Investment Status Redevelopment
Forecast Deal IRR 20%
Forecast Deal EM 2.80X
Year Acquired 2020

 

HAVE A QUESTION? CONTACT US FOR MORE INFORMATION