Compelling Basis & Discount to Replacement Cost
- Offered at $8,000,000 (~$49K/key)
- Significant discount to replacement cost for comparable new construction
- Below recent submarket transaction averages
- Provides strong downside protection and attractive risk-adjusted returns
Operational Efficiency & Scalable Model
- Economy and extended-stay formats support lean staffing models
- Lower operating costs relative to full-service assets
- Efficient cost structure enhances NOI margin potential
Strong Location with Diverse Demand Drivers
- Proximity to I-95, I-4, Daytona International Airport, and Daytona Speedway
- Benefits from year-round tourism, events, and regional corporate demand
- Drive-to location supports consistent transient demand
Optional Portfolio Expansion Opportunity
- Seller also owns the adjacent Comfort Suites, which may be made available as part of a larger portfolio transaction
- Provides opportunity for immediate scale, operational synergies, and market share consolidation
- Ability to leverage shared management, staffing, and infrastructure across both assets