A Wyndham-branded hotel just steps from Daytona International Speedway is up for grabs with a $10.8 million asking price. The midscale, two-story property packs 143 rooms onto roughly 5.3 acres off I-95 and is being pitched to investors as either a steady cash-flow play or a potential redevelopment site. Listing materials lean hard on the property’s visibility to race-week traffic and its proximity to major travel corridors.
Price jump since the last sale
As reported by Orlando Business Journal, the $10.8 million asking price comes in at about an 80% increase over the hotel’s previous recorded sale. Brokers attribute that jump in the marketing materials to recent renovations and to the site’s hard-to-find, Speedway-adjacent land.
Listing snapshot: rooms, acreage and brand
Commercial listings identify the asset as the Baymont by Wyndham International Speedway/I-95 at 2725 W. International Speedway Blvd. The LoopNet offering notes 143 keys, a recently refreshed guest product, and a February market date for the public listing. Those materials also highlight the 5.3-acre lot and interior-corridor layout, which is positioned as a draw for bus tours and group business.
Money math from the broker packet
Broker materials show trailing 12-month room revenue of about $2.29 million, an average daily rate near $91, and occupancy around 48%. That pencils out to a projected NOI of roughly $916,000 and an asking cap rate in the mid-single digits. Investors digging into the offering packet will find those figures and other underwriting details in the commercial listing. According to Crexi, the listing also breaks down price-per-key and renovation history for prospective buyers…