Royal Inn | 810 S Ridgewood Ave
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Royal Inn 810 S Ridgewood Ave
44 Room Hotel Daytona Beach, FL 32114 $4,000,000 ($90,909/Room) 11.50% Cap Rate
Executive Summary
OWNER FINANCE OPPORTUNITY, 1000,000 down. LARGE ROOMS PERFECT FOR MULTI CONVERSION. 45 ROOMS.
Property Facts
| Price | $4,000,000 | Lot Size | 1.36 AC |
| Price Per Room | $90,909 | Building Size | 22,864 SF |
| Sale Type | Investment | No. Rooms | 44 |
| Cap Rate | 11.50% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1956 |
| Property Subtype | Hotel | Parking Ratio | 3.28/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $4,000,000 |
| Price Per Room | $90,909 |
| Sale Type | Investment |
| Cap Rate | 11.50% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.36 AC |
| Building Size | 22,864 SF |
| No. Rooms | 44 |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 3.28/1,000 SF |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 44 | $40.00 | - |
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PROPERTY TAXES
| Parcel Number | 5339-03-67-0031 | Improvements Assessment | $0 |
| Land Assessment | $44,564 | Total Assessment | $44,564 |
PROPERTY TAXES
Parcel Number
5339-03-67-0031
Land Assessment
$44,564
Improvements Assessment
$0
Total Assessment
$44,564
zoning
| Zoning Code | 02T3 |
| 02T3 |
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Royal Inn | 810 S Ridgewood Ave
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