For Sale

$4,500,000

801 Ridgewood Ave Daytona Beach, FL 32117

Property Records

Highlights

13.33% Cap Rate, 38-unit short-term rental property generating $350,000 weekly revenue.
38-unit property with a mix of studio, one-bedroom, two-bedroom, and two-bedroom units, plus an office.
2023 updates include fresh paint, new washers/dryers, and landscaping.
2018 upgrades include new roofs, AC units, and TVs.
Turnkey operation including all furniture, fixtures, and equipment (FF&E), Wi-Fi, and HBO/Cinemax subscriptions.
On-site manager willing to continue post-sale.

Where is the hospitality property located?: The property is located at 801 Ridgewood Ave Daytona Beach, FL.
What is the asking price?: The asking price for this property is $4,500,000.
What are key features of this property?: This property features: 13.33% Cap Rate, 38-unit short-term rental property generating $350,000 weekly revenue.; 38-unit property with a mix of studio, one-bedroom, two-bedroom, and two-bedroom units, plus an office.; 2023 updates include fresh paint, new washers/dryers, and landscaping.
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Navin Khemlani

Sarah Amarasinghe

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