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Budget Inn Of Daytona Beach 640 S Ridgewood Ave 24 Room Hotel Daytona Beach, FL 32114 $2,000,000 ($83,333/Room)
INVESTMENT HIGHLIGHTS
- Fully Furnished Non-Operating Hotel/Motel
- Full Access directly on South Ridgewood Ave (US Hwy 1) from 30,000 AADT
- Outstanding Building Condition with many recent Capital Projects– New Key Card System, Mostly new HVAC systems.
- 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
EXECUTIVE SUMMARY
Fully Furnished Non-Operating Hotel/Motel | Offering Memorandum
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $2,000,000 | Building Size | 11,875 SF |
| Price Per Room | $83,333 | No. Rooms | 24 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1952 |
| Property Subtype | Hotel | Parking Ratio | 1.94/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.88 AC | ||
| Zoning | 02T2 | ||
| Price | $2,000,000 |
| Price Per Room | $83,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 11,875 SF |
| No. Rooms | 24 |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 1.94/1,000 SF |
| Corridor | Exterior |
| Zoning | 02T2 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 24 | $122.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 5339-15-00-0040 | Improvements Assessment | $789,203 |
| Land Assessment | $180,000 | Total Assessment | $969,203 |
PROPERTY TAXES
Parcel Number
5339-15-00-0040
Land Assessment
$180,000
Improvements Assessment
$789,203
Total Assessment
$969,203
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Budget Inn Of Daytona Beach | 640 S Ridgewood Ave
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