1170 Airport Rd - Hospitality FOR SALE


Jacksonville, FL 32218- Jacksonville North Estates
$6,800,000 USD
386-299-0090
1170 Airport Rd, Jacksonville, FL for Sale
$6,800,000 USD
Hospitality - FOR SALE
1/10
null | 12.26% Cap Rate

1170 Airport Rd
Jacksonville, FL 32218
Jacksonville North Estates


HIGHLIGHTS

  • 12% cap rate
  • Motivated seller
  • August 2025 T-12 revenue more than $2,200,000
  • Property was operating under a lease purchase agreement which was recently terminated
  • Distressed Asset (Currently out of Wyndham reservation system)

OVERVIEW

The Days Inn Jacksonville Airport is being offered for sale, fee simple, priced at $6,800,000. The property will be delivered unencumbered by management and debt. The price per key of $60,714 represents a significant discount to replacement cost and is in line with recent sales in the Florida market. Add to this that the property is perfectly positioned for future revenue growth and the deal becomes even more attractive. Current ownership purchased the property in 2019 as part of a broader repositioning play moving equity from the upper Midwest to Florida. A small renovation has been completed, but the current owner is still performing needed Cap Ex. The Seller entered into a lease purchase structure in 2023 which has been terminated. Seller does not wish to operate the asset again long term. The seller wishes to move up in chain scale and believes now is his time to exit the asset.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$118 USD /SF

# OF ROOMS

112

PRICE/ROOM

$60,714 {currency}

CAP RATE

12.26%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Jacksonville Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

115

LAND DETAILS

LAND ACRES

4.09 AC

LAND SF

178,160 SF

ZONING

CCG-1

APN/PARCEL ID

019355-0100

ASK ABOUT THIS PROPERTY

Kent HrickoGuidance Hotel GroupMore Info
386-299-0090

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Kent HrickoGuidance Hotel GroupMore Info
386-299-0090

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