Leaders in Commercial Real Estate for Maryland’s Eastern Shore and the Delmarva Peninsula

SVN-Miller Advisor Sells Florida Hotel

FEBRUARY, DAYTONA BEACH, FL – Sperry Van Ness is pleased to announce the sale of 700 N Atlantic Ave in Daytona Beach, FL. The Limited Service Hotel property sold for $2,380,000. Chris Davis, Advisor for Sperry Van Ness | Investec Services was the Broker.

The 82 unit ocean front hotel with a pool overlooking the beach was sold to a firm in Jacksonville, FL. The new owners are fully renovating the entire property and plan on opening by Spring 2013. The property is in a great location on Daytona Beach and will become a top notch Limited Service Facility.

In addition to being an Advisor for Sperry Van Ness | Investec Services in Jacksonville, FL, Chris Davis also serves as an Advisor for Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD. Davis specializes in self storage facilities, hospitality, and industrial properties in Maryland and Northeast Florida, and has developed or brokered over $150 million in volume over his career. For more information on properties in Maryland or Florida, contact Chris Davis at 410-543-2440.

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