Balinese Cottages | 600 Oakridge Blvd
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Balinese Cottages 600 Oakridge Blvd
6 Room Hotel Daytona Beach, FL 32118 $1,250,000 ($208,333/Room) 6.94% Cap Rate
Investment Highlights
- Located in the heart of Daytona Beach's tourist zone, 400' from the ocean beach, 1 block from Daytona Bandshell, Ocean Walk, Bus terminal
- Two 1 BR / 1 BA, four studios. Full size kitchens in all units. Tile and vinyl plank flooring. Studios have peninsula counter/cabinet.
- Tasteful extensive renovation in 2016
Executive Summary
Sale includes building & land, some furnishings, existing appliances. All units have 1 or 2 wall mount AC/heat pumps, full size refrigerator, stove, oven, microwave, glass showers, tile and vinyl plank flooring throughout.
Two 1BR/1BA, four Studios. 3312 gross SqFt, 3078 SqFt under AC. Property is very clean, and well maintained.
Two 1BR/1BA, four Studios. 3312 gross SqFt, 3078 SqFt under AC. Property is very clean, and well maintained.
Financial Summary (Pro forma - 2024) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $332.00 | - |
1 of 1
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 5305-01-38-0170 | Total Assessment | $383,314 |
| Land Assessment | $180,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $203,314 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5305-01-38-0170
Land Assessment
$180,000
Improvements Assessment
$203,314
Total Assessment
$383,314
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | RP (Zoning: Residential / Professional Florida State License: Transient Lodging) |
| RP (Zoning: Residential / Professional Florida State License: Transient Lodging) |
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Balinese Cottages | 600 Oakridge Blvd
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