828 Ridgewood AVE new

Holly Hill,FL 32117

$ 1399000

- Bed

14 Baths

3950 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 3,950 sqft

Price per Sqft $354

MLS Listing ID 1209603

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1946

Annual Tax Amount $6,228

Lot Size 0.560 Acres

Lot Dimensions 0.56

Property Sub-Type Hotel/Motel

Property Description

Indian Palms motel off US1.
14 units
16 Parking spots
Office space.
Coin op laundry on site
Property sits on over a half-acre
Has a Maintenance Person that stays in one of the units
Turnkey Operation
211k Gross Income
170k Net Income
12.5% Cap Rate

Location

State FL

County Volusia

Direction Head south on US1 from W Granada Blvd. Property is on the right.

Interior

Cooling Wall/Window Unit(s),Ceiling Fan(s)

Exterior

Parking Features Parking Lot

Building

Lot Description Few Trees

Water Public

Structure Type Block

Others

Senior Community No

Tax ID 533741010040

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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