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128 Ridgewood Avenue

Holly Hill, FL 32117
  • $1,490,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 1097685
$1,490,000
  • 0
    BEDS
  • 0.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,259
    SQFT
  • $457
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1948
County:

School Ratings & Info

Description

GREAT OPPORTUNITY FOR A TURN KEY MOTEL, THE RIDGEWOOD INN. PROPERTY UNDERWENT A TWO YEAR RENOVATION BRINGING THE PROPERTY TO 2022 CODE. NEW ROOF. NEW TANKLESS WATER HEATERS. NEW FIRE ESCAPE PUT INTO EVERY UNIT. UNIT 7 HAS TWO BEDROOMS AND ADA COMPLIANT BATHROOM. BRAND NEW PARKING LOT. EVERY UNIT HAS A NEW MINI SPLIT HEAT AND AIR. OFFICE HAS A NEW HVAC SYSTEM. THIS PROPERTY IS A RARE OFFERING FOR A CASH COW MOTEL WITH NO DEFERRED MAINTENANCE. MOTEL CONSISTS OF 8 UNITS, A LARGE OFFICE WITH GRANITE COUNTERTOP KITCHEN, A LAUNDRY ROOM AND A STORAGE ROOM THAT HOUSES THE ROUTER AND CAMERA HARD DRIVE. THIS IS A MUST SEE. POTENTIAL ADD VALUE TO BUILD MORE UNITS IN THE REAR OF PROPERTY WHERE THERE ONCE WAS A BUILDING.

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© 2022 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cook Group Luxury Real Estate | Realty Pros Assured. Data last updated: 2022-07-07T00:26:31.8.
www.cookgroupdaytona.com/homes/129702701
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128 Ridgewood Avenue Holly Hill, FL 32117

  • Price: $1,490,000
  • Status: Active
  • On Site: 26 Days
  • MLS #: 1097685
0
Beds
0
Baths
0
½ Baths
0.59
Acres
3,259
SQFT
$457
$/SQFT
1948
Built
Neighborhood:
Mason to LPGA E of 95
County:
Volusia
Area:
Mason to LPGA E of 95
Property Description
GREAT OPPORTUNITY FOR A TURN KEY MOTEL, THE RIDGEWOOD INN. PROPERTY UNDERWENT A TWO YEAR RENOVATION BRINGING THE PROPERTY TO 2022 CODE. NEW ROOF. NEW TANKLESS WATER HEATERS. NEW FIRE ESCAPE PUT INTO EVERY UNIT. UNIT 7 HAS TWO BEDROOMS AND ADA COMPLIANT BATHROOM. BRAND NEW PARKING LOT. EVERY UNIT HAS A NEW MINI SPLIT HEAT AND AIR. OFFICE HAS A NEW HVAC SYSTEM. THIS PROPERTY IS A RARE OFFERING FOR A CASH COW MOTEL WITH NO DEFERRED MAINTENANCE. MOTEL CONSISTS OF 8 UNITS, A LARGE OFFICE WITH GRANITE COUNTERTOP KITCHEN, A LAUNDRY ROOM AND A STORAGE ROOM THAT HOUSES THE ROUTER AND CAMERA HARD DRIVE. THIS IS A MUST SEE. POTENTIAL ADD VALUE TO BUILD MORE UNITS IN THE REAR OF PROPERTY WHERE THERE ONCE WAS A BUILDING.
Exterior Features

Construction Concrete Block Depth 255.00 Parking Spaces 20 Road Frontage 100.00 Roof Asphalt

Interior Features

Air Conditioning Central Heating Central Sq Ft Total 2611.00

Property Features

Access Transport Us Highway As Is Condition Yes Building Type Location Hotel/Motel Business Type Hotel/Motel Commercial Property Name Ridgewood Inn Commercial Style Comm-Land & Bldg Incl Current Use Hotel/Motel Electric Meters 2 Franchise Opt In No Gas Meters 1 Gross Income 210000.00 Homestead Exemption No Includedin Sale BuildingFixturesFurnitureSigns - Owned Nrr Req No Percent Occupancy 100.00 Possible Use Motel/Hotel Sewer Public Sewer Special Conditions None Special Contingency No Sq Ft Source Property Appraiser Tax Year 2021 Taxes 3908.00 Utilities On Site 220 Volt Svc Water City Water Meters 1

Listing courtesy of Bryce Fremont of Exp Realty Llc.


© 2022 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cook Group Luxury Real Estate | Realty Pros Assured. Data last updated: 2022-07-07T00:26:31.8.
 
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