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Property profile & analytics
OFF-MARKET
Hospitality properties

180 Fenway Dr DeLand, FL 32724

53,484 SF 1.9 ac lot Built 2020
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 93-key Holiday Inn Express & Suites hotel in DeLand, Florida. Built in 2020, this four-story, 53,484 square foot interior-corridor hotel boasts concrete-block construction and is situated on a 1.9-acre lot (APN: 7028-20-00-0080). Conveniently located off Interstate-4, the property enjoys proximity to Stetson University and AdventHealth DeLand, benefiting from strong local demand. Its location less than an hour from Orlando provides access to a major tourism hub, further enhancing its investment potential. The hotel's strategic position also places it near several attractions including Lake Beresford, Barkley Square Dog Park, Blue Spring State Park, and the Volusia County Fair. The property is zoned PUD and offers significant upside potential as it continues to ramp up operations. Minimal property improvement plan (PIP) costs are anticipated for the new owner. A 20-year relicense from IHG is expected. This represents a rare chance to acquire a nearly new, high-demand hotel within a thriving market in the Deltona-Daytona Beach-Ormond Beach MSA, a region experiencing 2% annual population growth exceeding 685,000 residents. The Holiday Inn Express & Suites brand is highly desirable among both investors and consumers.

Property profile
Verified
Property type Hospitality properties
Year built 2020
Total area 53,484 SF
Lot 1.9 ac (82,764 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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