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Atlantic Shores Motel
Renovated, Possible Owner Finance with 350 K Down, Directly across the street from Ocean
Listing Contacts
Active
Asking Price: $1,650,000
Earnest Money Deposit: $50,000 min.
Address
3720 S Atlantic Ave, Daytona Beach, FL 32118
Show on MapDate Added
Dec 16, 2024
Days on Market
98 days
Time Since Last Update
45 days
Details
Property TypeHospitality
SubtypeMotel
Cap Rate11.33%
Pro-Forma Cap Rate12.40%
NOI$186,942
Pro-Forma NOI$204,600
Keys12
Year Built1954 & 2004
Year Renovated2018-2019
Buildings2
Stories1
Marketing Description
Motivated seller!!!! OWNER FINANCE A POSSIBILITY of just 350k down ….Renovated 12 unit Motel Across the street from the ocean..... Great Location South of Dunlaton Ave & A1A in Daytona Beach shores FL. Approx Gross $287,492.00 Approx Net Income $183,942.00
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$186,942.00
$15,578.50/mo
Valuation Metrics
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0
DSCR
11.33%
Cap Rate
11.33%
ROI
Property History
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Due Diligence
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Listing Contacts
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