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Hotel-Motel

Atlantic Economy Inn

808 S Atlantic Ave, Daytona Beach, FL 32118

Listing Price: $3,500,000

Cap Rate
6.65%
Number of Rooms
25
RevPAR
$43
Gross SF
12,176
Price/Room
$140,000
Price/Gross SF
$287.45
Year Built
1953

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 25-room Atlantic Economy Inn 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 exceeding 660,000. Daytona Beach is part of Volusia County and is located an hour away from the city of Orlando. The hotel is directly across the street from the beach and is a short drive from major demand drivers such as the Daytona International Speedway, Daytona Ice Arena, and Daytona Beach Boardwalk, amongst others. The Atlantic Economy Inn offers investors the opportunity to acquire a 25- room, independent, boutique hotel in a growing market and rapidly expanding location within Florida, where the availability of hotels near the coast are limited.

Investment Highlights

  • Excellent, Owner-Operator, Opportunity For A First Time Hotel Owner
  • Located Directly Across The Street From The Beach
  • The Property's Location In Volusia County Is Within Close Proximity To Six International Airports And Three International Seaports

Exclusively Listed By

Financing By

Hotel-Motel

Atlantic Economy Inn

Listing Price: $3,500,000

Cap Rate
6.65%
Number of Rooms
25
RevPAR
$43
Gross SF
12,176
Price/Room
$140,000
Price/Gross SF
$287.45
Year Built
1953

Investment Highlights

  • Excellent, Owner-Operator, Opportunity For A First Time Hotel Owner
  • Located Directly Across The Street From The Beach
  • The Property's Location In Volusia County Is Within Close Proximity To Six International Airports And Three International Seaports

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 25-room Atlantic Economy Inn 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 exceeding 660,000. Daytona Beach is part of Volusia County and is located an hour away from the city of Orlando. The hotel is directly across the street from the beach and is a short drive from major demand drivers such as the Daytona International Speedway, Daytona Ice Arena, and Daytona Beach Boardwalk, amongst others. The Atlantic Economy Inn offers investors the opportunity to acquire a 25- room, independent, boutique hotel in a growing market and rapidly expanding location within Florida, where the availability of hotels near the coast are limited.

Exclusively Listed By

Financing By

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