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12 Unit Motel ~ East Coast ~ Strong Cap 15+% ~ Room to grow!


You are not going to want to miss out on this fantastic motel opportunity! 12 units, motel currently running 11 units, 12th unit is rented out to housekeeper, who cleans rooms, does laundry, and helps run office. The motel is situated within 5 miles of all major businesses including the ocean and Kennedy Space Center. 

This motel is currently running 11 rooms, that could run up to 15 rooms. There is a very nice fully renovated 3/2 owners house on the property. The current office is already renovated and ready to accommodate a full bedroom, and old retired restaurant building situated in the middle of the property has begun renovations to make an owners suite with full kitchen, bedroom, living room, bathroom attached to a new office, this would only use 1/3rd of the building so with the design out of the whole building adds two more rooms for the motel. Totaling 15 rooms.


Current numbers are based of 11 rooms that are rented at 91% occupancy.

Current Revenue Streams average $75 per night/per room with NASA employees occupying 5 rooms with more soon to come. 11 rooms based on $75 a night is $825/day -- at 82.5% occupancy the rooms are fill 300 days out of the year. which shows a gross income of $247,500 for the year.

The current owner took over in late July 2017 and his gross numbers go as followed:

July 2017 (one week): $4608.47

August 2017: $15,602.32

September 2017: $14,000.17

Octobe 2017r: $16,381.23

November 2017: $14,421.96

December 2017: $17,255.90

Total Gross for new owner: $82,270.05

Total Expenses same period: $26,559.04

Net profit: $55,711.01


So far in 2018 (addition of new NASA employees)

January 2018: $19,468.53

February 2018: $19,503.33

March 2018: $26,302.63

Estimated using march numbers @ $26,302.30 x 10 months = $263,026.30  + Jan/Feb 

Totaling a gross of: $301,998.16 gross for the year in 2018 estimates.


Thats with 11 rooms, now expand to 15 rooms (maybe you live on property at the house or rent the house out, this figure does not include rental of the house)

15 rooms x $400 week per room = $6000/week x 52 weeks = $312,000 gross income


15 rooms x $75/day per room = $1125/day x 365 $410,625 gross income.


CURRENT EXPENSES: (month/year)

Water: $160/$1,920

Cable/internet/phone: $286/$3,432

Maintenance: $200/$2,400

Expedia: $1000/$12,000

LP gas: $112/$1,344

Trash: $90/$1,080

Insurance: $373/$4,476

Prop Tax: $621/$7,452

Credit card fees: $250/$3000


Estimates 2018:

Gross: $301,998

Expenses: $47,640

Net: $254,358

Business purchase price: $900,000

House on property: $250,000

Total price: $1,125,000

$254,358 / $1,125,000 = 22.6%

CAP RATE: 22.6%


Phenomenal Opportunity to own an amazing already income producing property with future to grow even further! Seller is willing to do seller financing with 50% down, or do a triple net lease

Lease would look something like $300k down for business, $5000/per room deposit (12 rooms x $5000 = $60,000) fully refundable at the end of the lease, owner covers all expenses. arrangements can be made to have live in owner suite on property or house details would be worked out.


Please contact Lucas Lamoureux at 712-363-1099 or email him at 

Please sign and return this NDA for more info and showing: (Travel Inn NDA.pdf)

Full picture:


Office #2

Office Interior (already ready to be a room)

Building #2 Units 6-12

Building #1 Units 1-6

Unit 6-12 left side

middle of units

units 1-6 left side

units 1-6 right side

septic middle of units 1-6

unit 1

unit 1 interior 

unit 1 interior

all units look the same (microwave, fridge, closet, bathroom, bedroom, desk, flatscreen tv)


microwave, fridge, tv, dresser, desk











All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Daytona Beach Area Association of REALTORS (updated 5/21/18) , My Florida Regional MLS (updated 5/21/18)
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Aswin Suri Real Estate
552 N Oleander Ave
Daytona Beach, FL 32118
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