Days Inn & Extended Stay of Ormond Beach
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Days Inn & Extended Stay of Ormond Beach
2 Hospitality Properties Offered at $10,000,000 in Ormond Beach, FL
Investment Highlights
- Prime Location for Hospitality Investment in Ormond Beach, FL – This exceptional property features two well-established hotels strategically located
Executive Summary
Owner will offer Owner financing with a 35% down payment and with 8% interest rate on a balloon payment for 2 years.
Prime Location for Hospitality Investment in Ormond Beach, FL – This exceptional property features two well-established hotels strategically located in Ormond Beach, directly next to I-95 and across from the world-famous Destination Daytona. Offering unmatched visibility and easy access for travelers heading north to Jacksonville or south to Orlando, this location is perfectly situated to capitalize on the high volume of visitors to the area. With its proximity to major attractions, events, and key highways, these hotels enjoy constant demand year-round, including during iconic events such as Bike Week, Daytona 500, and Welcome to Rockville, all just a short drive away.
Ideal for Event-Driven Tourism and Long-Term Growth – Both hotels offer a unique opportunity for investors to tap into the lucrative tourism market driven by Daytona Beach’s premier events and its status as a hub for motorsports and entertainment. Positioned in one of Florida’s most visited regions, the properties boast a strong occupancy history and potential for future growth through strategic renovations or expansion. The ability to attract travelers from all over the state of Florida, along with those attending major annual events, ensures sustained revenue generation and significant upside. This is a prime opportunity for investors looking to secure a top-tier hospitality asset with long-term potential.
Investment Highlights
Volusia County, Florida, has a diverse population distributed across its cities. The county seat, Daytona Beach, has a population of around 70,000, serving as the largest urban center. Nearby cities include Deltona, with approximately 90,000 residents, making it the most populous city in the county. DeLand, known for its historic charm, has about 40,000 residents, while Port Orange is home to around 65,000 people. Other cities in the county include Ormond Beach (around 45,000), New Smyrna Beach (about 30,000), and Holly Hill (around 12,000). Smaller towns like Edgewater, Pierson, and Oak Hill contribute to the overall population, bringing the total to approximately 600,000 residents across the county. The population mix includes a balance of retirees, families, and seasonal residents, with steady growth driven by the area's coastal location and proximity to major Florida cities.
Daytona Beach, Florida, is renowned for its iconic annual events that attract thousands of visitors each year. The most famous is the Daytona 500, one of NASCAR’s premier races, drawing motorsport enthusiasts from around the world each February. The city also hosts Bike Week, a week-long celebration of motorcycle culture that brings tens of thousands of riders and vendors to the area every March. Biketoberfest, held in the fall, is another major motorcycle event, offering a mix of scenic rides, rallies, and live entertainment. Additionally, Rockville music festival, held annually in May, showcases top rock and alternative bands, further enhancing Daytona Beach’s reputation as a year-round destination for major events. These events, along with many others, contribute to Daytona Beach’s vibrant tourism industry and its status as a hub for both motorsports and live entertainment.
Prime Location for Hospitality Investment in Ormond Beach, FL – This exceptional property features two well-established hotels strategically located in Ormond Beach, directly next to I-95 and across from the world-famous Destination Daytona. Offering unmatched visibility and easy access for travelers heading north to Jacksonville or south to Orlando, this location is perfectly situated to capitalize on the high volume of visitors to the area. With its proximity to major attractions, events, and key highways, these hotels enjoy constant demand year-round, including during iconic events such as Bike Week, Daytona 500, and Welcome to Rockville, all just a short drive away.
Ideal for Event-Driven Tourism and Long-Term Growth – Both hotels offer a unique opportunity for investors to tap into the lucrative tourism market driven by Daytona Beach’s premier events and its status as a hub for motorsports and entertainment. Positioned in one of Florida’s most visited regions, the properties boast a strong occupancy history and potential for future growth through strategic renovations or expansion. The ability to attract travelers from all over the state of Florida, along with those attending major annual events, ensures sustained revenue generation and significant upside. This is a prime opportunity for investors looking to secure a top-tier hospitality asset with long-term potential.
Investment Highlights
Volusia County, Florida, has a diverse population distributed across its cities. The county seat, Daytona Beach, has a population of around 70,000, serving as the largest urban center. Nearby cities include Deltona, with approximately 90,000 residents, making it the most populous city in the county. DeLand, known for its historic charm, has about 40,000 residents, while Port Orange is home to around 65,000 people. Other cities in the county include Ormond Beach (around 45,000), New Smyrna Beach (about 30,000), and Holly Hill (around 12,000). Smaller towns like Edgewater, Pierson, and Oak Hill contribute to the overall population, bringing the total to approximately 600,000 residents across the county. The population mix includes a balance of retirees, families, and seasonal residents, with steady growth driven by the area's coastal location and proximity to major Florida cities.
Daytona Beach, Florida, is renowned for its iconic annual events that attract thousands of visitors each year. The most famous is the Daytona 500, one of NASCAR’s premier races, drawing motorsport enthusiasts from around the world each February. The city also hosts Bike Week, a week-long celebration of motorcycle culture that brings tens of thousands of riders and vendors to the area every March. Biketoberfest, held in the fall, is another major motorcycle event, offering a mix of scenic rides, rallies, and live entertainment. Additionally, Rockville music festival, held annually in May, showcases top rock and alternative bands, further enhancing Daytona Beach’s reputation as a year-round destination for major events. These events, along with many others, contribute to Daytona Beach’s vibrant tourism industry and its status as a hub for both motorsports and live entertainment.
Property Facts
Price | $10,000,000 | Number of Properties | 2 |
Price / SF | $137.60 / SF | Individually For Sale | 0 |
Sale Type | Investment | Total Building Size | 72,672 SF |
Status | Active | Total Land Area | 14.14 AC |
Price | $10,000,000 |
Price / SF | $137.60 / SF |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 72,672 SF |
Total Land Area | 14.14 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Ormond Beach
1608 N US Highway 1, Ormond Beach, FL 32174 |
Hospitality | 27,306 SF | 1973 | - |
Days Inn Daytona Ormond Beach
1608 N US Highway 1, Ormond Beach, FL 32174 |
Hospitality | 45,366 SF | 1967 | - |
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Days Inn & Extended Stay of Ormond Beach
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