Reduced again..!! Originally listed at $1,800,000..., then, $1,600,000 and now.... $1,450,000...!! This 18 unit motel sits on Atlantic Av., in Daytona Beach, Fla... across from the World's Most Famous Beach and only minutes to The Ocean Center and all the nightlife Daytona Beach has to offer. This motel has a assumable $840,000 mtg. (with qualification) and seller willing to hold low interest second mtg. with approx. $200,000 down. Most rooms over-look 20' x 40' pool. Gross income approx. $215,000 and nets approx. $150,000 which equals a 10.5% cap rate! Seller also owns a 12 unit motel, asking $795,000 and a 24 unit motel, asking, $1,700,000. Seller is willing to sell as a package deal, all 3 motels or 2 motels. Financial Sheet on File.

Financial Sheet on File. Will fax or email upon request.