Available
Independent
Johnson City, TX
Walden Retreats Hill Country
Walden Retreats is a 15-key luxury glamping resort on 96 acres in the Texas Hill Country, twenty-five minutes from downtown Fredericksbur…
15
Keys
Upon Request
Asking
ListingsDaytona Beach, FL
Econo Lodge & Suburban Studios. Daytona Beach, FL.
Available
- 163 keys
- Select Service
- Econo Lodge
- 1972
- Keys
- 163
- Brand
- Econo Lodge
- Chain Scale
- Select Service
- Year Built
- 1972
- Occupancy
- 56.31%
- Asking Price
- $8,000,000
- Encumbrance
- See OM
- Mgmt / Franchise
- Econo Lodge (franchise)
- Call for Offers
- Open ended
Opportunity Overview
Position. Why this asset, now.
163-key Econo Lodge and Suburban Studios in Daytona Beach offers compelling valuation at approximately $49K per key with a 10.78% cap rate. The asset benefits from proximity to major transportation corridors and year-round tourism demand while maintaining an efficient operating model suited for economy and extended-stay formats.
Priced at $8M, significant discount to replacement cost and submarket comps.
Economy and extended-stay formats support lean staffing and low opex.
Near I-95, I-4, Daytona International Airport, and Daytona Speedway.
Current occupancy at 56. 31% with $760,634 NOI. Operational upside.
Adjacent Comfort Suites available for portfolio expansion and synergies.
Gallery
See the asset. 2 photos in the full gallery.
Full gallery and OM available on request.
Location
Where the asset sits.
Address
2904 W International Speedway BlvdDaytona Beach, FL
Daytona Beach, FL
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Econo Lodge & Suburban Studios FAQ
- What's the asking price on the Econo Lodge & Suburban Studios?
- $8,000,000. Confidential conversations available; the OM is gated behind NDA where applicable.
- What are the property fundamentals on this Econo Lodge select service?
- 163 keys. Econo Lodge, Select Service segment. Built 1972. Located in Daytona Beach, FL. Occupancy: 56.31%. Encumbrance: See OM.
- Who is the listing broker?
- francisco-nacorda and mitchell-glasson and mabelle-perez and david-loving and julio-leyva at Matthews Hotel Markets. The team has direct relationships with the institutional, family-office, PE, and HNW buyer pools that bid this asset class.
- What does Matthews's disposition process look like?
- Standard 24-week playbook: engagement letter and BOV in weeks 1–4, OM and marketing launch in weeks 5–8, call-for-offers and finalist round in weeks 9–14, definitive agreement and closing in weeks 15–24. Confidential by default; broker-built underwriting on every BOV.
- What's the buyer pool for a Select Service hotel like this in Daytona Beach?
- Select Service assets in this market range typically draw a buyer pool of select-service-focused REITs, family offices, PE roll-ups, owner-operators, and HNW first-time hotel buyers. Econo Lodge brand-loyal buyers compete actively for in-flag acquisitions.