Welcome to one of the most compelling hospitality investment opportunities in Florida. Positioned in the heart of the action, just steps from the world-famous Daytona International Speedway and minutes from the Atlantic coastline, this fully renovated Marriott hotel is poised to be the next big thing to hit Daytona this May. Offered at $15,000,000, this 76-key hospitality asset is being reintroduced to the market under the Marriott City Express flag, complete with a 20-year Marriott license, extensive renovations, and all FF&E included in the sale. The property offers a true turnkey investment opportunity in one of Florida's most dynamic corridors.
Parking:
Accessible Parking, Free
Utilities
Cable Connected, Electricity Connected, Other, Phone Connected, Sewer Connected, Water Connected
Lot Description:
Landscaped, Oversized Lot
90 Professional Boulevard, Daytona Beach, FL
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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