

Just Renovated 40-Room Daytona Beach Oceanfront Hotel
Hospitality | 40 Keys
Marketing description
This is a very rare and precious opportunity to own a meticulously taken care of independent brand hotel property at the prime oceanfront location in one of the most popular Daytona Beach area tourist spots. The owner has just spent two years to finish the renovation of the rooms, parking lots, swimming pool and the fortification of the heavily constructed seawall with concrete and steel that can withstand most future strong hurricanes. The two buildings were constructed with concrete from floor to roof. Flooding is also unlikely since the property is built on elevated grounds over the street. A visit is a must do to understand the real value. Each room is kept very clean with a dehumidifier to provide lodging customers with a pleasant feeling once they walk in. There is also an ocean facing open space by the swimming pool that may be converted into a Tiki bar to draw more customers. Daytona area has year round activities of Daytona 500, Speed Week, Pepsi 400, Bike Week, Turkey Rod Run, Biketoberfest, Spring Break, and on and on, of interesting events that bring sports enthusiasts and outdoor loving families from all over the world to this tourist mecca in Florida. A new owner with savvy online marketing skills can really benefit from this superb business asset. In addition, since there is no mortgage on the property, the owner is willing to carry a big part of the financing. Please contact us for more details.
Investment highlights
Excellent convenient location in Ormond Beach. Direct ocean beach access with swimming pool. Open pool-side space for private party events. Meticulously clean rooms. Fortified seawall against storm surge of hurrcanes. Generous seller financing terms are available.
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