Florida Hotel for Sale | Comfort Inn in Deland

Florida Hotel for Sale on The Hotel Inventory
Florida Hotel for Sale | Comfort Inn in Deland

The Hotel Inventory is proud to announce a new Florida hotel for sale listed by Natvar Nana of Sperry Van Ness Florida, Inc. The Comfort Inn is a 68 unit hotel located in Deland.

The 68 unit Comfort Inn is well located off US-92 approximately 1 mile from US-17 in Deland, FL This easy to manage asset has stably performed well in marketplace, historically outperforming its competition in occupancy while commanding a fairly healthy ADR for the past 3 years. The property features well appointed guest rooms in King, Double Queen and Suite configurations and is currently undergoing a floor-by-floor renovation. The asset is with fee simple at an attractive 11% CAP rate on 2010 year-end revenues.

Natvar Nana serves as a senior advisor for Sperry Van Ness Florida specializing in the sale of hotel properties and vacant land. Natvar Nana began his career in retailing and luggage manufacturing. He has over 40 years combined experience in real estate. For the first 20 year Natvar was responsible for site selection and negotiated lease agreements and purchase properties for his retail chain. During the same period he was involved in property Investments, improvements and construction. In 1987 he opened his Real Estate Brokerage office. Initially the focus was in residential and commercial property with some construction activities in housing and commercial buildings. For the past 20 years Natvar has concentrated on Hotels and Land Brokerage. Active in the industry, Natvar is affiliated to various organizations and participates in Hotel trade shows and has attended numerous real estate and hotel training programs. Natvar has strong ties to a diverse community of national & international contacts within the hotel owners & hotel brokers Natvar’s passion for the business will be portrayed if you work with him.

The Hotel Inventory is a third party marketing site. Though we do not doubt the accuracy of the information above, we have not verified the data obtained from the listing party. We can make no guarantee, warranty or representation about the property’s information. Futhermore, this post was added shortly after the addition of the property to our main site, www.TheHotelInventory.com. We will keep this post as updated as possible, but highly suggest that you visit the site to view the latest updates regarding this property including, but not limited to, the property’s availability, price, and any financial information that might be available.

The Hotel Inventory is a real estate marketing firm specializing exclusively in the hospitality industry. Founded in 2009, The Hotel Inventory has quickly become an irreplaceable, full-service, marketing tool for hotel professionals across the nation. With over 800 properties posted for sale and strategic lead generation services, The Hotel Inventory has assisted in tens of millions of dollars in hospitality transactions to date.

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