🏨 Turnaround Motel Investment – Daytona Beach Corridor

The Ridgewood Motel is a 10-unit hospitality property strategically positioned on Ridgewood Ave/US-1, one of Volusia County’s most heavily traveled commercial corridors. The property includes 7 standard rooms, 1 handicap-accessible unit, and a penthouse suite with full kitchen, plus dedicated storage for bikes and trailers—making it ideal for Daytona’s event-driven visitor demand.

Unlike other motels in the corridor that are for sale, most require heavy renovations. The Ridgewood has already received substantial capital improvements:

✅ 9 newer AC units
✅ Roof under 5 years old
✅ Parking lot resurfaced
✅ Fresh exterior paint & fencing
✅ Newer furniture
✅ $45,000 full replumb – all new water lines
✅ Upgraded hot water system

Daytona Beach consistently ranks among Florida’s busiest tourist markets, with Bike Week, Biketoberfest, NASCAR races, Spring Break, and year-round events drawing tens of thousands of visitors. The Ridgewood Motel sits just minutes from the Speedway and shoreline, offering high visibility, easy access, and steady demand.

With the right operator, this underperforming property can be repositioned into a high-occupancy, strong cash-flow asset. For investors looking ahead, there’s additional upside with a potential second-story 10-unit expansion (adjacent lot available separately).