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Country Inn & Suites Pensacola West FL 2607 Wilde Lake Blvd

63 Room Hotel Pensacola, FL 32526 £5,874,750 (£93,250/Room) 14.14% Net Initial Yield

Investment Highlights

  • Average last 3 Years Revenue $2,435,663
  • Includes 1.3 Acres of Adjacent Land
  • $440k Key Money Incentive from Choice
  • SBA 504 Financing in Place with 20% Down (7.4% interest rate)

Executive Summary

HIGHLIGHTS AND LOCATION
Thank you for your interest in the 63-room Country Inn and Suites by Choice Hotels. The property is located directly off Interstate 10 in the beautiful city of Pensacola, Florida. We are pleased to share this asset that is extremely profitable “now” and is priced to sell!
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Highlights & Location:
*High Occupancy | High ADR Market
*New Owner PIP on File
*Est. at $600,000
*20-year term Franchise with Choice Hotels.

Property Facts

Price £5,874,750
Price Per Room £93,250
Sale Type Investment
Net Initial Yield 14.14%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.85 AC
Building Size 42,003 SF
No. Rooms 63
Number of Floors 4
Year Built/Renovated 2008/2021
Tenancy Single
Parking Ratio 1.19/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 18 £126.11 -
Guest Room 45 £109.66 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-1S-31-1103-000-003
Land Assessment
£338,386
Improvements Assessment
£2,634,059
Total Assessment
£2,972,445

zoning

Zoning Code COM
COM
  • Listing ID: 32556503

  • Date on Market: 23/07/2024

  • Last Updated:

  • Address: 2607 Wilde Lake Blvd, Pensacola, FL 32526

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