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Sunshine Inn of Daytona Beach 1234 S Ridgewood Ave

24 Room Hotel Daytona Beach, FL 32114 £1,499,100 (£62,462/Room) 19.67% Net Initial Yield

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 £1,499,100
Price Per Room £62,462
Sale Type Investment
Net Initial Yield 19.67%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.23 AC
Building Size 9,346 SF
No. Rooms 24
Number of Floors 1
Year Built/Renovated 1954/2000
Parking Ratio 3.42/1,000 SF
Corridor Exterior

Amenities

  • Patio
  • Public Access Wi-Fi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 24 £86.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5340-05-03-0120
Land Assessment
£169,401 (2024)
Improvements Assessment
£498,568 (2024)
Total Assessment
£667,970 (2024)

zoning

Zoning Code 02T2
02T2
  • Listing ID: 28909414

  • Date on Market: 03/07/2023

  • Last Updated:

  • Address: 1234 S Ridgewood Ave, Daytona Beach, FL 32114

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