3720 SW College Rd - Hospitality FOR SALE
Ocala, FL 34474 |
3720 SW College Rd
Ocala, FL 34474
HIGHLIGHTS
- Property is currently and has been outperforming its competitive set in Occupancy, Average Daily Rate (ADR) and RevPAR over the past three years.
- Property underwent a full Gen-4 Property Improvement Plan (PIP) in 2018. Minimal PIP / renovation costs expected for a new owner.
- Compact building with smaller footprint should equate to less overhead/expenses to operate.
- Property is directly off of Interstate 75. The section Southwest College Road and Southwest 34th Court Southeast has an Average Annual Daily Traffic
- (AADT) count of approximately 76,000 vehicles per day.
- Located 1.2 miles from the College of Central Florida Ocala, an institution which has a total enrollment of over 7,000 students.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Country Inn & Suites By Radisson Ocala SW
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
38590
STORIES
5
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2002
PARKING SPACES
43
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
B2
APN/PARCEL ID
23799-000-07
