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Hotel For Sale • 5,035 SF
| 13-Unit Short Term Rental Asset located near Daytona Beach's Largest Attractions |
| Concrete Block Construction Built in 1952 and Fully Renovated in 2022/2023 |
| 8.34% Going-In Cap Rate With the Ability to Push into the low 9% Pro Forma Cap Rate Range Through an Operational Value-Add Plan |
| Extensive Unit Renovations Include White Shaker Cabinets, Vinyl Plank Flooring, Fully Renovated Bathrooms, Upgraded Lighting, Fully Furnished, etc. |
| Located on Atlantic Avenue in the Heart of Daytona Beach, Directly Across the Street from The Atlantic Ocean |
| "Daytona Beach is expected to have 17.5% Population Growth over the next Ten-Year Period" – US Census Bureau |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Daytona Beach International | 17 min | - | 7.3 mi |
| Orlando Sanford International | 66 min | - | 43.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |
