3720 Atlantic Ave Daytona Beach Shores, FL 32118
12-Unit Motel, High Cap Rate, Owner Finance Possible
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 12-unit beachfront motel in Daytona Beach Shores, FL (3720 S Atlantic Ave, 32118).
- Prime oceanfront location across from the beach.
- Two single-story buildings, extensively renovated (2018-2019).
- Strong NOI of $181,000 and 10.97% cap rate (proforma).
- Asking price: $1,650,000; owner financing possible with $500,000 down payment.
Property Details for 3720 Atlantic Ave
- Property type
- Hospitality properties, Motels
- Year Built/Renovated
- 1954/2018
- Buildings
- 2
- Stories
- 1
Location Insight
- City
- Daytona Beach Shores
- County
- Volusia
- State
- Florida
- Latitude
- 29.1445763
- Longitude
- -80.9658875
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - 12-Unit Motel, High Cap Rate, Owner Finance Possible
- Where is the hospitality property located?
- The property is located at 3720 Atlantic Ave Daytona Beach Shores, FL.
- What is the asking price?
- The asking price for this property is $1,650,000.
- What are key features of this property?
- This property features: 12-unit beachfront motel in Daytona Beach Shores, FL (3720 S Atlantic Ave, 32118).; Prime oceanfront location across from the beach.; Two single-story buildings, extensively renovated (2018-2019).
- How can I contact the broker?
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