Skip to main content

Hotel-Motel

Atlantic Shores Motel

3720 S Atlantic Ave, Daytona Beach, FL 32118

Listing Price: $1,800,000

Cap Rate
8.07%
Number of Rooms
12
RevPAR
$61
Gross SF
4,014
Price/Room
$150,000
Price/Gross SF
$448.43
Year Built
1954

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 12-room Atlantic Shores Motel located off of South Atlantic Avenue in Daytona Beach, Florida. Daytona Beach is part of the fast growing Deltona-Daytona Beach-Ormond Beach Metro Area (MSA) which has a population of over 660,000. Daytona Beach is part of Volusia County, and is located an hour away from the city of Orlando. The motel is located directly across the street from the beach and is a short drive from major demand drivers such as Daytona International Speedway, Daytona Ice Arena, and Daytona Beach Board Walk, among others. The Atlantic Shores Motel offers investors the opportunity to acquire a 12-room, independent, boutique hotel in a rapidly expanding location in Florida, where the availability of beach market properties is limited.

Investment Highlights

  • The Atlantic Shores Motel is a 12-Room Motel Located Directly Across The Street From The Beach In Daytona Beach, Florida.
  • Management Upside / Value-Add Opportunity Through Increased Marketing and Flexibility in Accepting Guests
  • Recently Renovated; Minimal Renovations Expected for Buyer

Exclusively Listed By

Financing By

Hotel-Motel

Atlantic Shores Motel

Listing Price: $1,800,000

Cap Rate
8.07%
Number of Rooms
12
RevPAR
$61
Gross SF
4,014
Price/Room
$150,000
Price/Gross SF
$448.43
Year Built
1954

Investment Highlights

  • The Atlantic Shores Motel is a 12-Room Motel Located Directly Across The Street From The Beach In Daytona Beach, Florida.
  • Management Upside / Value-Add Opportunity Through Increased Marketing and Flexibility in Accepting Guests
  • Recently Renovated; Minimal Renovations Expected for Buyer

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 12-room Atlantic Shores Motel located off of South Atlantic Avenue in Daytona Beach, Florida. Daytona Beach is part of the fast growing Deltona-Daytona Beach-Ormond Beach Metro Area (MSA) which has a population of over 660,000. Daytona Beach is part of Volusia County, and is located an hour away from the city of Orlando. The motel is located directly across the street from the beach and is a short drive from major demand drivers such as Daytona International Speedway, Daytona Ice Arena, and Daytona Beach Board Walk, among others. The Atlantic Shores Motel offers investors the opportunity to acquire a 12-room, independent, boutique hotel in a rapidly expanding location in Florida, where the availability of beach market properties is limited.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower