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Established Jacksonville Hotel

Posted On:
January 7, 2014
Category:
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Location:
United States
Established Jacksonville Hotel

Unique investment opportunity to purchase a well-maintained 103 unit limited-service lodging facility situated on 4.38± acres at the primary interchange of I-295 & 103rd Street in Jacksonville, Florida. The property consists of four buildings totaling 49,869± square feet. The property caters to economy and extended-stay guests and benefits from a location proximate to area demand generators and primary transportation routes. A value add scenario exists for a new owner with prudent management and/or new franchise.

Property situated at primary interchange of Interstate-295 & 103rd Street. Proximate to Naval Air Station Jacksonville, area golf courses, Orange Park Kennel Club, and Orange Park Mall.

2012 Operating Statistics: ADR- $44.23 OCC - 60.6% RevPAR - $29.19

Great Interstate location with large site **4.38± Acres**
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Detailed Information

Inventory:Included in asking price
Real Estate:Included in asking price
Business Website:http://www.hospitalityinns.com/
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