Scoot Inn Port Orange, FL 5964 Ridgewood Ave
10 Room Hotel Port Orange, FL 32127 $1,050,000 ($105,000/Room) 9.52% Cap Rate
INVESTMENT HIGHLIGHTS
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EXECUTIVE SUMMARY
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This one-story limited-service motel features 10 spacious and comfortable rooms with exterior corridors, providing guests with easy access to their accommodations.
The property also includes a convenient manager suite on-site, ensuring that someone is always available to address any needs or concerns.
For added convenience, guests will enjoy complimentary WiFi and self-parking, providing a hassle-free experience during their stay.
The location of this property is unbeatable, being located near the beautiful beach and a short 10-minute drive to the Daytona Beach
For travelers flying into the area, Daytona Beach International Airport is only 15 minutes away by car, making it easily accessible for guests.
These investment highlights showcase a valuable opportunity for investors looking to acquire a manageable motel in a prime location, with the potential for strong returns on investment.
This one-story limited-service motel features 10 spacious and comfortable rooms with exterior corridors, providing guests with easy access to their accommodations.
The property also includes a convenient manager suite on-site, ensuring that someone is always available to address any needs or concerns.
For added convenience, guests will enjoy complimentary WiFi and self-parking, providing a hassle-free experience during their stay.
The location of this property is unbeatable, being located near the beautiful beach and a short 10-minute drive to the Daytona Beach
For travelers flying into the area, Daytona Beach International Airport is only 15 minutes away by car, making it easily accessible for guests.
These investment highlights showcase a valuable opportunity for investors looking to acquire a manageable motel in a prime location, with the potential for strong returns on investment.
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
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
| Price | $1,050,000 |
| Price Per Room | $105,000 |
| Sale Type | Investment |
| Cap Rate | 9.52% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 3,375 SF |
| No. Rooms | 10 |
| No. Stories | 1 |
| Year Built/Renovated | 1959/1995 |
| Tenancy | Single |
| Parking Ratio | 3.56/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 10 | $97.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 6340-01-17-0090 | Improvements Assessment | $212,672 (2024) |
| Land Assessment | $112,200 (2024) | Total Assessment | $324,872 (2024) |
ZONING
| Zoning Code | C (Commercial) |
CONTACT
-
Bhavin Patel - St George Motel LLC
