3925 S Ferdon Blvd - Hospitality FOR SALE


Crestview, FL 32536
$3,500,000 USD
813-767-9953
3925 S Ferdon Blvd, Crestview, FL for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/12
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3925 S Ferdon Blvd
Crestview, FL 32536


HIGHLIGHTS

  • 56 Rooms | 2 Stories | Exterior Corridor
  • $225,000+/- In Recent Renovations
  • Minimal PIP*
  • Turn-key Property
  • 2.7 Miles to Downtown Crestview
  • Year 1 ADR/RevPAR/OCC: $75.00 ADR / $43.50 RevPAR / 58.00% OCC

OVERVIEW

OFFERING OVERVIEW: DSH Hotel Advisors has been retained as the exclusive broker to market for sale the newly renovated Quality Inn Crestview, a 56 room, exterior corridor hotel located directly on South Ferdon Boulevard, offering exceptional visibility and access to Interstate 10 in the heart of Florida’s Panhandle. The hotel includes a 3-Bedroom Manager’s Apartment with direct access to the front desk. PROPERTY OVERVIEW: The property was recently closed in November 2024 and reopened in May 2025, during which time a complete interior and exterior renovation was completed, including updated guest rooms, new flooring and FF&E, refreshed common areas, upgraded signage, and modernized breakfast and lobby spaces. As a turn-key Quality Inn by Choice Hotels, the asset is positioned for an investor or owner operator seeking a stabilized, branded property with significant upside in an expanding regional market. A change-of-ownership Property Improvement Plan (PIP) is estimated to cost approximately $25,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Choice Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters. MARKET OVERVIEW: Located in Florida’s Panhandle, Crestview serves as the county seat of Okaloosa County and anchors the northern portion of the Crestview–Fort Walton Beach–Destin metropolitan area. The city occupies a prime position at the junction of Interstate 10 and State Road 85, providing excellent connectivity between the Gulf Coast, Central Florida, and neighboring states. Crestview’s strategic location has earned it the nickname “Hub City,” reflecting its role as a regional center for commerce and travel. The community benefits from ongoing population and employment growth, supported by a strong military presence nearby. Eglin Air Force Base, Duke Field, and Hurlburt Field collectively sustain consistent lodging demand throughout the year from military personnel, contractors, and government travelers. With a growing economy, diverse demand generators, and strong transportation links, Crestview continues to emerge as a stable and appealing market for hospitality development and investment. The hotel benefits from a prime Crestview location proximate to major demand generators such as Eglin Air Force Base, the growing Northwest Florida State College, and Destin–Fort Walton Beach Airport (VPS)—all of which contribute to steady year-round room demand from business, government, leisure, and transient segments. Property Highlights: Quality Inn Crestview, A Choice Hotel 56 Rooms | 2 Stories | Exterior Corridor Year Built - 1988 Minimal PIP* $225,000+/- In Recent Renovations Amenities Include: Picnic Center, Business Center, Vending Area, Guest Laundry *The actual PIP requirements must be verified directly with Best Western Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters Location Highlights: 2.7 Miles to Downtown Crestview 5 Miles to the Panhandle Opry 9.9 Miles to Emerald Coast Zoo 16.1 Miles from Northwest Florida State College 16.5 Miles from Timber Creek Distillery 17.6 Mile(s) from Destin–Fort Walton Beach Airport 19.2 Miles from Eglin Airforce Base 25.5 Miles from Yellow River Wildlife Management Area 26 Miles from Gulfarium Marine Adventure Park 31.8 Miles from Big Kahuna Water Park Financial Highlights: List Price of $3,500,000 Year 1 ADR/RevPAR/OCC: $75.00 ADR / $43.50 RevPAR / 58.00% OCC

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$158 USD /SF

# OF ROOMS

56

PRICE/ROOM

$62,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Crestview

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1988

PARKING SPACES

81

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C

APN/PARCEL ID

32-3N-23-0000-0017-0000

ASK ABOUT THIS PROPERTY

Dennis Hopper CCIMDSH Hotel AdvisorsMore Info
813-767-9953

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Dennis Hopper CCIMDSH Hotel AdvisorsMore Info
813-767-9953

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