249 US Highway 98 - Hospitality FOR SALE


Apalachicola, FL 32320
$5,000,000 USD
561-227-2677
249 US Highway 98, Apalachicola, FL for Sale
$5,000,000 USD
Hospitality - FOR SALE
1/33
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249 US Highway 98
Apalachicola, FL 32320


OVERVIEW

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 44-room Best Western Apalach Inn, located in Apalachicola, Florida. The property is a two-story, limited-service, recently renovated hotel that is located directly off of US Highway 98, providing ease of access to commuters along one of Apalachicola’s main thoroughfares. This well-maintained property offers both steady cash flow and long-term growth potential. The Best Western Apalach Inn offers investors the opportunity to acquire a 44-room property in an growing market.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$235 USD /SF

# OF ROOMS

44

PRICE/ROOM

$113,636 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Apalach Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1997

PARKING SPACES

57

LAND DETAILS

LAND ACRES

2.73 AC

LAND SF

118,919 SF

ZONING

C-3

APN/PARCEL ID

01-09S-08W-8360-0005-0150

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.