OFFERING OVERVIEW: DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Days Inn by Wyndham Kennedy Space Center located in Titusville, Florida. The 141-room exterior corridor hotel is situated on approximately 4.17+/- acres, located directly off of Interstate-95 with high visibility. The offering includes an IHOP Net-Leased Restaurant producing approximately $62,382 in NOI annually. The lease, which ownership believes to be below market rate, runs through 2029. Also included in the offering package is a 900 SF, 2BR/1BA apartment, which is not included in hotel room count. This fully furnished 2/1 unit is located in building 1, has a full kitchen, and is available for long-term lease. The subject property is approximately 12 miles from Kennedy Space Center Visitor’s Complex, 23 miles from Port Canaveral, and less than 40 miles from three major airports, Orlando International Airport, Orlando-Melbourne International Airport, and Orlando-Sanford International Airport. The excellent location near I-95 positions the hotel for significant growth in the years ahead. PROPERTY CONDITION: The subject property was opened in 1985 and appears to be in good condition. Current ownership has noted that Wyndham has approved the completion of the Dawn Package and estimates that the change of ownership PIP would be approximately $150,000+/-; however, that is only an estimate and would need to be verified by Wyndham Hotels via an issued change of ownership PIP. MARKET OVERVIEW: The property located in Titusville, Florida, is situated near multiple diverse demand generators and in a high growth market. Guest types may include leisure and business travelers, travelers on I-95, healthcare professionals, travel nurses, construction workers, snow birds, stick marsh fishing guests, Eastern Florida State College & Florida Institute Technology students and their families, Daytona 500 race fans as well as group business which can include sports teams, family reunions, wedding parties and more. This offering presents a unique opportunity for an investor to acquire an established Days Inn hotel in the highly desirable Titusville market. BREVARD COUNTY: The Days Inn Titusville Kennedy Space Center by Wyndham is situated in the Palm Bay-Melbourne-Titusville Metropolitan Statistical Area. Brevard County - also known as the “Space Coast”, is located in the east central portion of the state of Florida. Located halfway between Jacksonville and Miami, Brevard County extends 72 miles North-to-South with Interstate 95 running through it. Brevard County, totaling approximately 1,276 square miles fronts the Atlantic Ocean for its full length. Brevard County is home of the Kennedy Space Center and the Cape Canaveral Space Launch Complex 40 shuttle launch pad which has been leased and utilized by Spacex for the Falcon 9 rocket since 2007. With a history in space exploration and known as a high-tech center of the Southeast, Brevard County is home to the Patrick Space Force Base (renamed in December 2020), Kennedy Space Center Campus and Visitor Complex, Blue Origin Rocket Factory, and OneWeb Satellites. Other major employers in the immediate area include Northup Grumman, Rockwell Collins, DRS Technologies, L3 Harris and Embraer. Property Highlights: • 141-Rooms, 2 Stories, Exterior Corridor • Recently Completed Dawn Package Renovation • Project Cap Rate of 8.28% (Hotel & IHOP)* • Net-Leased IHOP Restaurant Included in the Sale - $62,382 in NOI Annually, Below Market Lease • 2BR/1BA Apartment Located On-Site – Full Kitchen, 900 SF, Furnished & Rentable (in addition to the 141 rooms) • Project Room Revenue Multiplier - 3.08x* • $64,184 Per Key (+ additional 2BR/1BA furnished apartment w/kitchen on site) • Situated on 4.17+/- Acres • Located in a High Growth Market • Situated Directly off Interstate-95 near Multiple Diverse Demand Generators *Figures above are based on $850,000 valuation of IHOP and $9,050,000 valuation of hotel Location Highlights: • 7 Miles from Space View Park • 12 Miles from Kennedy Space Center • 23 Miles from Port Canaveral • 29 Miles from Cocoa Beach • 36 Miles from Orlando International Airport (MCO) • 50 Miles from Walt Disney World • Located in the Palm Bay-Melbourne-Titusville Metropolitan Statistical Area Financial Highlights: • List Price of $9,800,000 • YE 2022 Room Revenue of $3,124,955 • YE 2023 Room Revenue of $2,979,471 • YE 2023 Net Operating Income of $766,884 • T12-June 2024 Room Revenue: $2,984,286 Room Revenue • T12-June 2024 Net Operating Income: $824,002 NOI • T12-June 2024 Project Room Revenue Multiplier: 3.08x RRM • T12-June 2024 ADR / Occupancy / RevPAR: $80.99 ADR / 71.40% OCC / $57.83 RevPar • Below Market Lease with IHOP – Generates $62,382 in NOI