Hotel-Motel

Econo Lodge and 2.2-Acre Development Site

Listing Price: Request For Offer

Number of Rooms
128
Gross SF
23,166
Year Built
1967

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 128-room Econo Lodge Ormond Beach located in Ormond Beach, Florida. The property is a two-story hotel located directly off Interstate 95 and U.S. Highway 1, providing excellent visibility and accessibility for commuters traveling through Northeast Florida. Located across the street from Destination Daytona, the headquarters of Bike Week, 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 Econo Lodge provides an opportunity to acquire a stabilized property with positive trending occupancy in an excellent location.

Investment Highlights

  • Upward Trending Occupancy
  • Property is Located Directly off of Interstate 95 And U.S. Highway 1
  • Minimal Property Improvement Plan / Renovation Costs Estimated for A New Owner

Exclusively Listed By

Hotel-Motel

Econo Lodge and 2.2-Acre Development Site

Listing Price: Request For Offer

Number of Rooms
128
Gross SF
23,166
Year Built
1967

Investment Highlights

  • Upward Trending Occupancy
  • Property is Located Directly off of Interstate 95 And U.S. Highway 1
  • Minimal Property Improvement Plan / Renovation Costs Estimated for A New Owner

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 128-room Econo Lodge Ormond Beach located in Ormond Beach, Florida. The property is a two-story hotel located directly off Interstate 95 and U.S. Highway 1, providing excellent visibility and accessibility for commuters traveling through Northeast Florida. Located across the street from Destination Daytona, the headquarters of Bike Week, 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 Econo Lodge provides an opportunity to acquire a stabilized property with positive trending occupancy in an excellent location.

Exclusively Listed By

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