910 N Navy Blvd - Hospitality FOR SALE


Pensacola, FL 32507
$12,250,000 USD
661-978-3109
910 N Navy Blvd, Pensacola, FL for Sale
$12,250,000 USD
Hospitality - FOR SALE
1/33
null | 10.07% Cap Rate

910 N Navy Blvd
Pensacola, FL 32507


HIGHLIGHTS

  • Tremendous growth year over year since opening under the Choice flag
  • Underperforming the comp set with continued upside potential (comp set occupancy 69% | (ADR) of $126
  • Recently renovated with minimal PIP
  • Strong Market demand generators

OVERVIEW

HIGHLIGHTS AND LOCATIONIdeally located just minutes from Pensacola's beautiful beaches, this 2.43-acre property offers convenient access off Interstate 10 (I-10), near Corry Station, a key training hub for the U.S. Navy's Center for Information Warfare. The hotel is just a 15-minute drive from Pensacola International Airport, which serves around 2.3 million passengers annually.  * * * *Naval Air Station Pensacola *West Florida Hospital *Sacred Heart Hospital *University of West Florida (UWF) *Pensacola Beach, *Perdido Key  *Blue Wahoos Stadium * * *   Corporate and Industrial Presence:The nearby Pensacola International Airport serves as a hub for business travelers. Additionally, Pensacola’s growing tech industry and the presence of large companies and defense contractors generate demand for business stays. Industrial parks and corporate offices located around Davis Highway and Northwest Pensacola attract visitors for business purposes. * * * * FL Broker of Record Taj Patel Contact:P: 561.859.9739 E: Taj@HBofAmerica.com FL DRE BK #3425856

FOR SALE DETAILS

PRICE

$12,250,000 USD

PRICE/SF

$213 USD /SF

# OF ROOMS

127

PRICE/ROOM

$96,457 {currency}

CAP RATE

10.07%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn Pensacola Near NAS Corry Station

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2003

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.43 AC

LAND SF

105,851 SF

ZONING

HC/LI

APN/PARCEL ID

37-2S-30-2003-000-000

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.