“The multifamily sector in Daytona Seaside and the encircling markets has adopted tendencies per the vast majority of the state. Whereas new multifamily developments stay constant, the realm’s annual inhabitants progress continues to exceed the nationwide common by 7.5x. With this, we anticipate stabilized occupancy to stay round 94% by means of 2024. Additional, the realm advantages from a excessive common family revenue of $84k which, when paired with current wage progress, ought to hold rents strong for years to return.”
