510 Lane Ave S - Hospitality FOR SALE


Jacksonville, FL 32254- Commonwealth
$13,200,000 USD
561-900-5006
510 Lane Ave S, Jacksonville, FL for Sale
$13,200,000 USD
Hospitality - FOR SALE
1/71
null | Request Cap Rate

510 Lane Ave S
Jacksonville, FL 32254
Commonwealth


HIGHLIGHTS

  • 207-room hotel with recent renovations completed in 2024 and 2025.
  • Convenient location near Interstate 10, Highway 103, and downtown Jacksonville.
  • On-site amenities include an outdoor pool, sports bar, and Cuban coffee shop.
  • Strong revenue performance with $2.5M in 2024 and projected $2.7M in 2025.
  • Close to major attractions such as EverBank Stadium and Prime F. Osborn III Convention Center.
  • Easy access to Jacksonville International Airport and regional transportation hubs.

OVERVIEW

APM Inn and Suite presents an exceptional off-market investment opportunity in Jacksonville, Florida. This family-owned hospitality asset features 207 well-appointed rooms, including king rooms, double rooms, and suites, each ranging from 375 to 485 square feet. The property has undergone significant remodeling in both 2024 and 2025, ensuring modernized accommodations and updated amenities for guests. Strategically located off Interstate 10 and Highway 103, the property offers convenient access to major transportation routes and is within minutes of downtown Jacksonville. Guests enjoy proximity to key attractions such as the Prime F. Osborn III Convention Center, EverBank Stadium, and Jacksonville Naval Air Station. The hotel also benefits from nearby shopping centers, dining options, and entertainment venues. On-site amenities include an outdoor adult-only pool, a sports bar, and a Cuban-inspired coffee shop offering breakfast, lunch, and dinner. Additional features include free Wi-Fi, Roku-enabled TVs, and recreational options such as billiards. The property generated $2.5 million in gross revenue in 2024 and is projected to reach $2.7 million in 2025, making it a strong income-producing asset. Priced at $13,200,000, this offering combines operational stability with future growth potential in a thriving Florida market. Comes with tiki bar and restaurant for an additional $1.3 million which will be held back by seller's separate note with a small monthly payment.

FOR SALE DETAILS

PRICE

$13,200,000 USD

PRICE/SF

$129 USD /SF

# OF ROOMS

207

PRICE/ROOM

$63,768 {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

1963

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

Scott Steel GinsbergPartnership Realty IncMore Info
561-900-5006

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Scott Steel GinsbergPartnership Realty IncMore Info
561-900-5006

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