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Deland Motel 1340 N Woodland Blvd 12 Room Hotel Deland, FL 32720 $1,190,000 ($99,167/Room) 6.78% Cap Rate
Investment Highlights
- Robust Income Potential
- Prime Location: Positioned within walking distance to over 40 nationally recognized businesses, including restaurants, retail, and services.
- Near DeLand Municipal Airport: Conveniently located near the airport, catering to business travelers, pilots, and visitors.
- Low Operational Overhead: By renting rooms on a weekly basis with a focus on extended-stay guests, the DeLand Motel benefits from reduced housekeeping
- Close to Stetson University: Just 1 mile north of Stetson University, a prestigious institution drawing students, faculty, and visitors year-round.
- Thriving Economic Growth: Situated in a rapidly developing area of DeLand, benefiting from increasing tourism, business activity, and expansion.
Executive Summary
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.
Property Facts
| Price | $1,190,000 | Building Size | 6,310 SF |
| Price Per Room | $99,167 | No. Rooms | 12 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.78% | Year Built/Renovated | 1954/2023 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.2/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.82 AC | ||
| Zoning | 01B4 - Store/Office/Restaurant | ||
| Price | $1,190,000 |
| Price Per Room | $99,167 |
| Sale Type | Investment |
| Cap Rate | 6.78% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.82 AC |
| Building Size | 6,310 SF |
| No. Rooms | 12 |
| No. Stories | 1 |
| Year Built/Renovated | 1954/2023 |
| Tenancy | Single |
| Parking Ratio | 3.2/1,000 SF |
| Corridor | Exterior |
| Zoning | 01B4 - Store/Office/Restaurant |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | $70.00 | - |
Property Taxes
| Parcel Number | 7004-06-04-0010 | Improvements Assessment | $218,863 |
| Land Assessment | $187,425 | Total Assessment | $406,288 |
Property Taxes
Parcel Number
7004-06-04-0010
Land Assessment
$187,425
Improvements Assessment
$218,863
Total Assessment
$406,288
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Deland Motel | 1340 N Woodland Blvd
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