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Hotel-Motel

Sunrise Inn Daytona Beach

1503 S Atlantic Ave, Daytona Beach, FL 32118

Listing Price: $3,400,000

Cap Rate
6.36%
Number of Rooms
28
Gross SF
10,944
Price/Room
$121,429
Price/Gross SF
$310.67
Year Built
1956

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest of the Sunrise Inn located in Daytona Beach, Florida. The property is a 0.55 Acre, extended stay with 15 kitchenettes, right on the beach. Located directly off Florida State Road A1A, the property is a short drive from the area's major tourist destinations such as world-renowned beaches and the Daytona International Speedway, home of the famous Daytona 500 NASCAR race, an event larger than the Super Bowl. The Sunrise Inn provides an investor the opportunity to acquire a 99.9% occupied beachfront property with an attractive opportunity in an established market and popular tourist destination.

Investment Highlights

  • Sunrise Inn Daytona Beach is a 28-unit
  • 99.9% Occupied, Stabilized Beachfront and
  • Recently Renovated - Turn Key Property

Exclusively Listed By

Listing Price: $3,400,000

Cap Rate
6.36%
Number of Rooms
28
Gross SF
10,944
Price/Room
$121,429
Price/Gross SF
$310.67
Year Built
1956

Investment Highlights

  • Sunrise Inn Daytona Beach is a 28-unit
  • 99.9% Occupied, Stabilized Beachfront and
  • Recently Renovated - Turn Key Property

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest of the Sunrise Inn located in Daytona Beach, Florida. The property is a 0.55 Acre, extended stay with 15 kitchenettes, right on the beach. Located directly off Florida State Road A1A, the property is a short drive from the area's major tourist destinations such as world-renowned beaches and the Daytona International Speedway, home of the famous Daytona 500 NASCAR race, an event larger than the Super Bowl. The Sunrise Inn provides an investor the opportunity to acquire a 99.9% occupied beachfront property with an attractive opportunity in an established market and popular tourist destination.

Exclusively Listed By

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