Ranch Motel
12 Room Hotel | Daytona Beach, FL 32117 | $1,151,000 ($95,917/Room) | 10.43% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,151,000
- Property Type
-
Hospitality
- Square Feet
- 3,832 SF
Listing Contacts
Terry Sitaram
Verified Profile
- Property Info
Property Overview
The Ranch Motel is a 12-unit with owners apartment establishment in Daytona Beach, near LPGA Boulevard, which leads to the Tanger Outlets. It is situated directly in front of the Daytona Pictona Field, attracting high traffic from tourists and players who appreciate the convenience of walking access. Guests at the motel can enjoy a good view and are within walking distance of the river, adding to the appeal of their stay in Daytona Beach. Close to the beaches with, bountiful fishing, beachside shops, waterfront restaurants, and State parks. Its laid-back atmosphere and retro vibe make it a popular destination for vacationers looking for a blend of relaxation and things to do This is a turn-key operation with several 5-star reviews on TripAdvisor. The motel is in a growing business area, with the YMCA located across the street and the Holly Hill Outpost directly opposite.call Terry Sitaram @ 386 237 4444 for more information .
Property Details
- Class
- C
- Year Built
- 1948
- Stories
- 1
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 17,860 SF
- Units
- 12
Highlights
- High traffic ,US 1 commercial route ,Tourist area mainland ,1 story building
- Lots of lights from Pictona in the rear and front by the City center .
- Brick walls , Solid construction , Cars and RV Parking available.
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