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Atlantic Ave

Daytona Beach, Florida 32118

3000.00 DOLLARS A WEEK INCOME. Please see pic for the schreenshot of rent roll . NOI 139 800. 18 unit motel with pool located on the corner Atlantic and University Avenues. University Ave. affords direct beach access across the street. Property has long term tenants and could easily be converted back to a daily fee property to increase income. This property is now being rented on monthly basis with minimum 7 months leasing agreement

Property Info

Sqft (Living) 6100 sq ft.
Sqft (Lot) 24000 sq ft.
Year Built 1954
Deal Type Wholesale
Property Type Commercial
ARV $689,000
Estimated Rent 12000
Cap Rate 20%

Location