640 S Ridgewood Ave - Hospitality FOR SALE


Daytona Beach, FL 32114- Greater Daytona
$2,000,000 USD
407-230-2809
640 S Ridgewood Ave, Daytona Beach, FL for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

640 S Ridgewood Ave
Daytona Beach, FL 32114
Greater Daytona


HIGHLIGHTS

  • Fully Furnished Non-Operating Hotel/Motel
  • Outstanding Building Condition with many recent Capital Projects– New Key Card System, Mostly new HVAC systems.
  • Full Access directly on South Ridgewood Ave (US Hwy 1) from 30,000 AADT
  • Offers exceptional accessibility thanks to its strategic location along U.S. Route 1, a major north-south corridor that runs through the heart of Day

OVERVIEW

Fully Furnished Non-Operating Hotel/Motel | Offering Memorandum

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$168 USD /SF

# OF ROOMS

24

PRICE/ROOM

$83,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Inn Of Daytona Beach

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1952

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,400 SF

ZONING

02T2

APN/PARCEL ID

5339-15-00-0040

ASK ABOUT THIS PROPERTY

Joe Rossi, CCIMColliersMore Info
407-230-2809

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Joe Rossi, CCIMColliersMore Info
407-230-2809

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