510 Lane Ave S - Hospitality FOR SALE


Jacksonville, FL 32254- Commonwealth
$14,750,000 USD
561-227-2677
510 Lane Ave S, Jacksonville, FL for Sale
$14,750,000 USD
Hospitality - FOR SALE
1/71
null | Request Cap Rate

510 Lane Ave S
Jacksonville, FL 32254
Commonwealth


OVERVIEW

Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 207-room APM Inn & Suites located in Jacksonville, Florida - the most populous city in the State of Florida. The property is a two-story, limited-service hotel that is conveniently located within close proximity Interstate-10, West Beaver Street, & Lane Avenue South - three major thoroughfares/expressways that provide ease of access to commuters. The property also presents the opportunity to take either continue operating as an independent hotel, or reposition/convert the hotel to a reputable brand or different use. Located within 10 miles from downtown Jacksonville, the APM Inn & Suites offers investors the opportunity to acquire a 207-room property in a highly desirable and growing market. To learn more, please reach out to Chris Passeggiata at (561) 676-7973 or Christopher.Passeggiata@cushwake.com

FOR SALE DETAILS

PRICE

$14,750,000 USD

PRICE/SF

$144 USD /SF

# OF ROOMS

207

PRICE/ROOM

$71,256 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

APM Inn & Suites Jacksonville, FL

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1969

PARKING SPACES

173

LAND DETAILS

LAND ACRES

5.16 AC

LAND SF

224,770 SF

ZONING

CCG-1

APN/PARCEL ID

007443-0020,007443-0030

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 Policy.