Description

Arlington Square Apartments is a 34-unit Multi-Family community located in DeLand FL. The property was built in 1971 and has a desirable unit mix of 16 one-bedroom/one-bath units of approximately 525 square feet, 16 two-bedroom/one-bath units of approximately 825 square feet and two three-bedroom/two-bath units of approximately 1,200 square feet. There are currently 3 down units in need of full renovation which gives investors an opportunity to add value through continued renovation. The property owner is responsible for water/sewer and the tenants are each responsible for their own electricity and cable.

DeLand, located in Volusia County, Florida, is one of the state' s small town treasures. DeLand is the county seat as well as a college town, with Stetson University' s campus classified as a National Historic District. The downtown, lined with notable gift shops and restaurants, has been recognized as a national MainStreet DeLand community. Special events focus on culture and the arts, history, hospitality and lifestyle.