The Offering
AHG Brokerage is proud to present an exclusive opportunity to purchase a brand new built, 85-room Holiday Inn Express & Suites located near Jacksonville, off I-10 in MacClenny FL. This is one of IHG’s premier limited service, upper-mid-scale brands. The property is offered based on construction and/or replacement cost with a margin for the developer. The hotel sits on 2.6 acres and is a 4-story building.
Location
The property is located right off I-10, close to Jacksonville metropolitan area.
The high traffic along I-10 leading to and from Jacksonville, Florida, makes it a vital corridor for travelers and businesses alike.
The hotel is also close to a variety of restaurants and eating places and has minimal competition from similar upper mid-scale hotels.
This presents an excellent opportunity for a buyer or investor group to purchase a well-built, new property that is ready to go without the typical headaches of permitting, building and construction process, and avoid the longer timeline from investing at the beginning of the project and seeing the returns on investment almost 3 years later.
This property is for an investor group that wants a property that is ready and open, that will provide a steady return on investment over a longer period and is secured by an asset that is also going to appreciate over time.
The sale will be based on construction and/or replacement cost and a margin for the developer.