2715 Crossroads Pky - Hospitality FOR SALE
Fort Pierce, FL 34945 |
2715 Crossroads Pky
Fort Pierce, FL 34945
HIGHLIGHTS
- Location ! Location ! Location ! Absentee Ownership * 67 interior corridor four story concrete block with a metal roof construction.
- 2.5 acre land, 1.25 acre sleep inn, and additional 1.25 acres adjoining lot for future hotel development previously approved for 55 Rooms
- Nested Along Florida Southeast Atlantic Coast, Highly Traveled Exit Two Major Highways I-95 & Florida Turnpike One Block Away
- Choice franchise due for renewal June 2024. Perfect time to Rebrand to Higher Franchise possible Hilton's new economy brand "SPARK".
- 2022 room revenue was $1,937,947 with ADR of $109.08. Occupancy of 82.72% and REV Par of $83.84
- 2023 room revenue was $1,566,083 with ADR of $104.91 Occupancy of 65.26% and Rev Par of $68.13 MOTIVATED SELLER
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Sleep Inn Fort Pierce I 95
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
33578
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2001
PARKING SPACES
86
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
GENERAL CO
APN/PARCEL ID
2324-705-0009-000-8
