Sunshine Inn of Daytona Beach | 1234 S Ridgewood Ave
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Sunshine Inn of Daytona Beach 1234 S Ridgewood Ave
24 Room Hotel Daytona Beach, FL 32114 $1,900,000 ($79,167/Room) 19.67% Cap Rate
Executive Summary
The Sunshine Inn is priced at $1,900,000 with owner financing available for $800,000 down.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,900,000 | Lot Size | 1.23 AC |
| Price Per Room | $79,167 | Building Size | 9,346 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Cap Rate | 19.67% | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1954/2000 |
| Property Subtype | Hotel | Parking Ratio | 3.42/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $1,900,000 |
| Price Per Room | $79,167 |
| Sale Type | Investment |
| Cap Rate | 19.67% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.23 AC |
| Building Size | 9,346 SF |
| No. Rooms | 24 |
| No. Stories | 1 |
| Year Built/Renovated | 1954/2000 |
| Parking Ratio | 3.42/1,000 SF |
| Corridor | Exterior |
Amenities
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 24 | $109.00 | - |
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PROPERTY TAXES
| Parcel Number | 5340-05-03-0120 | Improvements Assessment | $631,899 (2024) |
| Land Assessment | $214,704 (2024) | Total Assessment | $846,603 (2024) |
PROPERTY TAXES
Parcel Number
5340-05-03-0120
Land Assessment
$214,704 (2024)
Improvements Assessment
$631,899 (2024)
Total Assessment
$846,603 (2024)
zoning
| Zoning Code | 02T2 |
| 02T2 |
-
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Sunshine Inn of Daytona Beach | 1234 S Ridgewood Ave
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