1340 N Woodland Blvd - Hospitality FOR SALE


Deland, FL 32720- Outer Deland/Deltona
$1,190,000 USD
561-305-6161
1340 N Woodland Blvd, Deland, FL for Sale
$1,190,000 USD
Hospitality - FOR SALE
1/11
null | 6.78% Cap Rate

1340 N Woodland Blvd
Deland, FL 32720
Outer Deland/Deltona


HIGHLIGHTS

  • Robust Income Potential
  • Low Operational Overhead: By renting rooms on a weekly basis with a focus on extended-stay guests, the DeLand Motel benefits from reduced housekeeping
  • Prime Location: Positioned within walking distance to over 40 nationally recognized businesses, including restaurants, retail, and services.
  • Close to Stetson University: Just 1 mile north of Stetson University, a prestigious institution drawing students, faculty, and visitors year-round.
  • Near DeLand Municipal Airport: Conveniently located near the airport, catering to business travelers, pilots, and visitors.
  • Thriving Economic Growth: Situated in a rapidly developing area of DeLand, benefiting from increasing tourism, business activity, and expansion.

OVERVIEW

DeLand Motel – Prime Location with Strong Income Potential in Thriving DeLand, FLSeize a rare opportunity to acquire the DeLand Motel, a proven income-generating property located at 1340 N Woodland Blvd, DeLand, FL 32720. Strategically situated in the heart of a vibrant, economically growing community, this well-established motel combines prime location with a solid track record of financial performance, making it an ideal investment for owner-operators or savvy investors. The DeLand Motel is perfectly poised to serve a diverse clientele, including university visitors, business travelers, and tourists exploring the charm of historic DeLand. Its consistent occupancy, driven by long-term stays, and low operating costs make it a standout investment in Central Florida’s booming hospitality market.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$189 USD /SF

# OF ROOMS

12

PRICE/ROOM

$99,167 {currency}

CAP RATE

6.78%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Deland Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1954

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

01B4

APN/PARCEL ID

7004-06-04-0010

ASK ABOUT THIS PROPERTY

Stephen MolinariKW CommercialMore Info
561-305-6161

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Stephen MolinariKW CommercialMore Info
561-305-6161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.