Investment Overview
100Units.com presents Amelia Apartments, a 15-unit multifamily asset located in the growing DeLand submarket of Volusia County, FL. The property consists of a single two-story concrete block building totaling approximately 7,935 square feet with a pitched shingle roof. The unit mix includes fifteen (12) one-bedroom, one-bathroom units and 3 studio units, well-positioned to capture consistent workforce housing demand. Tenants are responsible for electric, while ownership covers water, sewer, and trash, offering investors a clear path to improve operational efficiency and increase cash flow.
Ideally located near Stetson University, the property benefits from a strong and consistent renter base. It is also just minutes from Downtown DeLand Historic District and AdventHealth DeLand, two of the area’s primary economic and lifestyle anchors. With convenient access to major roadways and continued growth in the surrounding area, Amelia Apartments presents a compelling opportunity for investors seeking stable income with upside potential.
Investment Highlights
- Concrete Block Construction – Durable two-story building with pitched shingle roofing
- 7,935 SF Single-Building Layout – Efficient footprint with streamlined management
- Separately Metered Electric – Tenants pay electric; opportunity to further reduce expenses
- Value-Add Potential – Ability to increase rents through interior upgrades and operational efficiencies
- Proximity to Major Demand Drivers – Minutes from Stetson University, Downtown DeLand Historic District, and AdventHealth DeLand
- Strategic Central Florida Location – Easy access to I-4 connecting Orlando and Daytona Beach