Incredible Motel Investment Opportunity in Daytona Beach FL

Description

🌟EXCEPTIONAL MOTEL OPPORTUNITY BELOW MARKET VALUE!🌟

Unleash the potential of this outstanding investment! Priced attractively and primed for lucrative returns, this motel is a golden opportunity not to be missed. We are eagerly seeking offers, presenting you with the chance to seize an incredible deal.

🏨PROPERTY HIGHLIGHTS:

Boasting 11 rooms that consistently fetch $350/week per room and is always full 95%+ occupancy rate, this property promises a remarkable return on investment.
Each room is meticulously maintained, ensuring satisfied guests and steady occupancy rates.
Recent upgrades include new roofs and a fresh coat of paint, enhancing both aesthetics and durability.
Sprawling across a .62-acre lot, with .25 acres being vacant, gives the possibility to expand by adding 6-8 additional units- Rv Park rentals, Land for Rent Etc., this property is poised for even greater profitability.
With an impressive net income of approximately $140,000 per year with about 48k in expenses each year, your investment is bound to yield substantial rewards. Additional Income being brought in by Storage facility that was built in the back of the property brings in about $800 per month

💼KEY DETAILS:

Price: $1.15M Million Or Best Offer
Building Size: 3,937 SF
Price Per Room: about $104,550
Cap Rate: 12%
Property Type: Hospitality
Parking Ratio: 5.08/1,000 SF
Lot Size: 0.62 AC
Opportunity Zone: Yes
Don’t let this extraordinary opportunity slip through your fingers! Schedule a viewing today and embark on a journey towards unparalleled success in the hospitality industry. Act now and secure your stake in this lucrative venture! 🚀

P&L Statements
https://drive.google.com/file/d/1Ai7lzSmnHss6TA9FTkgT9blskBUWhTBF/view?usp=drive_link
https://drive.google.com/file/d/1qq19UiuMtvrEILYx8PaCmhxmOO8IgKzq/view?usp=drive_link

Expenses
https://drive.google.com/file/d/1axStU3uM2o7cStjQHeZbQ4OQljDcodku/view?usp=drive_link
https://drive.google.com/file/d/17DKex-s_fO37DQcsey5K6i6QspRWaAwY/view?usp=drive_link
https://drive.google.com/file/d/1U4cEUP8glHDl-Cd1bdlv6NwyElBUBVNn/view?usp=drive_link
https://drive.google.com/file/d/1TyMow4lisWTT8m2VFFg2OFypAuTl5SlH/view?usp=drive_link

Comps
https://drive.google.com/file/d/1C0cPCH-pb30fS4-m0EIrVZ7LW28BEXQM/view?usp=drive_link
https://drive.google.com/file/d/1czK2D_bwabxhW1lsY8DaBF4Q1hGmY_xz/view?usp=drive_link
https://drive.google.com/file/d/19KfzPIU5QlBOMZXbNNWEn_s0cRc8d2Ew/view?usp=drive_link

Taxes
https://drive.google.com/file/d/1LQoNswpVTUrSoPiD0F-60EXkkx7ZlKCd/view?usp=drive_link
https://drive.google.com/file/d/1LJvS2K4zsDo0ZTyMpPyptCtmonOS9nCU/view?usp=drive_link