828 Ridgewood AVE Active

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

Acres 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

Area 35 - Mason To Lpga E Of 95

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

Region Holly Hill

City Region Holly Hill

Interior

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

Flooring Tile

Exterior

Parking Features Parking Lot

View Y/N No

Road Frontage State Road

Building

Lot Description Few Trees

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 533741010040

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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