Real Estate
Daytona Beach Motel Portfolio with 53 Rooms - High Cap Rate and Value-Add Opportunities
Miami-Dade, Florida
$4,500,000
Asking Price
$493,000
Cash Flow
$715,000
Gross Revenue
N/A
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
This motel portfolio in Daytona Beach, FL consists of three contiguous properties with a total of 53 rooms located on South Ridgewood Avenue. With a 10.97% cap rate and 69% NOI margins, the properties offer value-add potential through OTA optimization and room upgrades. Situated in a popular Florida tourism market with over 10 million annual visitors, this portfolio is priced at $4,500,000 and seller financing is available.
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