180 Fenway Dr DeLand, FL 32724
- Hospitality properties
- 53,484 SF
- 1.90 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Candy Store / Costume Store
- Skunk Funk / Corporate Campus / Wholesaler
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 180 Fenway Dr
- Year built
- 2020
- Lot size
- 1.90 lot acres
- Property size
- 53,484 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- DeLand
- County
- Volusia
- State
- Florida
- Longitude
- -81.2979
- Latitude
- 28.9886
