0 Ridgewood AveHolly Hill, FL 32117

This exceptional investment opportunity presents a portfolio of 1,455 units spread across ten buildings in Holly Hill, Florida. Currently operating at 100% occupancy, this Class C multifamily property, built in 1980, is zoned for Airbnb and short-term rentals, offering significant upside potential. Each unit generates a current weekly income of $400, providing a substantial existing revenue stream. The property's location in Volusia County, Florida, near numerous tourist attractions, allows for significant rental rate increases. With strategic marketing and minor cosmetic improvements, individual units could command well over $700 per week, dramatically increasing the return on investment. The portfolio's 1455 units are categorized as both apartment buildings and student housing, providing a diverse tenant base. This value-add investment is priced at $140,000,000 and represents a rare opportunity to acquire a large-scale, high-performing short-term rental portfolio in a prime Florida location. The property is situated on Ridgewood Ave, Holly Hill, FL 32117. Serious inquiries only