150 Loblolly Ln - Hospitality FOR SALE


Pensacola, FL 32526
$14,500,000 USD
661-978-3109
150 Loblolly Ln, Pensacola, FL for Sale
$14,500,000 USD
Hospitality - FOR SALE
1/25
null | Request Cap Rate

150 Loblolly Ln
Pensacola, FL 32526


HIGHLIGHTS

  • 2019 Built
  • Located Off Interstate 10
  • Strong ADR Market
  • Upside Under New Management

OVERVIEW

Thank you for your interest in the Fairfield Inn & Suites located in Pensacola Florida, a renowned tourist destination, drawing visitors with its beautiful beaches, historic sites, and vibrant culture. The city attracts a steady stream of tourists throughout the year. Amongst tourists, Pensacola has one of the largest Naval bases in the world. In recent years Pensacola has experienced massive economic growth proving favorable to hotel owners in the area. * * * Market Demand Generators: • Naval Aviation: Pensacola is often referred to as the "Cradle of Naval Aviation" because it is home to Naval Air Station Pensacola, where the U.S. Navy's Blue Angels flight demonstration team is based. The city has a rich history of aviation training and is home to the National Naval Aviation Museum. • Beaches: The city boasts beautiful white sandy beaches along the Gulf of Mexico, making it a popular destination for tourists and beach lovers. Pensacola Beach and Perdido Key are among the most well-known beach areas. • Historic Downtown: Pensacola has a historic downtown area with well-preserved architecture, including the Historic Pensacola Village, which features historic homes and museums. It's known for its charming streets, shops, and restaurants. • Military Presence: Besides the naval base, Pensacola has a strong military presence, contributing to the local economy and culture. * * * LOAN & FINANCING: SBA 504 and Conventional financing available. Please contact your broker for additional details. * * Broker of Record: Taj Patel Contact: P: 561.859.9739 E: Taj@HBofAmerica.com FL DRE BK #3425856

FOR SALE DETAILS

PRICE

$14,500,000 USD

PRICE/SF

$283 USD /SF

# OF ROOMS

87

PRICE/ROOM

$166,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairfield Inn & Suites Pensacola West I-10

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.9 AC

LAND SF

257,004 SF

ZONING

HC/LI

APN/PARCEL ID

13-1S-31-1100-004-014

ASK ABOUT THIS PROPERTY

Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

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Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.