10901 Harts Rd - Hospitality FOR SALE


Jacksonville, FL 32218- Turtle Creek
$3,900,000 USD
561-227-2677
10901 Harts Rd, Jacksonville, FL for Sale
$3,900,000 USD
Hospitality - FOR SALE
1/30
null | Request Cap Rate

10901 Harts Rd
Jacksonville, FL 32218
Turtle Creek


OVERVIEW

Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 59-room Red Roof Inn located in Jacksonville, Florida - the most populous city in the State of Florida. The property is a three-story, limited-service hotel that is conveniently located directly off of Interstate-95 - a major highways that provides excellent signage and accessibility to a wide variety of Jacksonville's more notable demand generators. The property benefits from consistent year-round demand driven by cruise passengers, port-related business activity, interstate travelers, and regional employment centers. Its proximity to Interstate access and the Jacksonville cruise terminal provides a strong base of pre and post-cruise guests, as well as park-and-cruise demand, creating a reliable occupancy foundation. Located just minutes from the JAXPORT Cruise Terminal, the Red Roof Inn Jacksonville Cruise Port offers investors the opportunity to acquire a 59-room property in a highly desirable and growing market.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$178 USD /SF

# OF ROOMS

59

PRICE/ROOM

$66,102 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn Jacksonville Cruise Port

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

CCG-1

APN/PARCEL ID

044140-0110

ASK ABOUT THIS PROPERTY

Christopher PasseggiataCushman & WakefieldMore Info
561-227-2677

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Christopher PasseggiataCushman & WakefieldMore Info
561-227-2677

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