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Travelodge Deltona 481 Deltona Blvd 130 Room Hotel Deltona, FL 32725 $6,950,000 ($53,462/Room) 5.79% Cap Rate

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EXECUTIVE SUMMARY

This outstanding hospitality property, located at 481 Daltona Blvd., Daytona, Florida, offers a prime investment opportunity with a sale price of $9,000,000. The property includes 130 rooms and spans 71,146 square feet, boasting a 6.3% cap rate and a 48% occupancy rate for 2023. Recently renovated in 2024, the building combines modern amenities with a strategic location to attract both leisure and business travelers. The Average Daily Rate (ADR) of $87.15 further underscores its revenue-generating potential.
Daytona is a thriving coastal destination renowned for its world-famous beaches, motorsports events such as the Daytona 500, and a robust tourism-driven economy. Its year-round visitor traffic and established infrastructure make it a highly sought-after market for hospitality investments. With its ideal location and updated facilities, this property presents a compelling opportunity for investors looking to enter or expand their presence in the Daytona market.

PROPERTY FACTS

Price $6,950,000
Price Per Room $53,462
Sale Type Investment
Cap Rate 5.79%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.67 AC
Building Size 96,630 SF
No. Rooms 130
No. Stories 2
Year Built/Renovated 1964/2022
Parking Ratio 2.07/1,000 SF
Corridor Exterior
Zoning 01B - Business Commercial

AMENITIES

  • Business Center
  • Pool
  • Restaurant
  • On-Site Bar
  • Meeting Event Space

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 130 $87.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8036-13-00-0010
Land Assessment
$923,908
Improvements Assessment
$4,611,986
Total Assessment
$5,535,894
  • Listing ID: 33907239

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 481 Deltona Blvd, Deltona, FL 32725

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