786-772-0719
8333 Dix Ellis Trl, Jacksonville, FL for Sale
Hospitality - FOR SALE
1/4
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8333 Dix Ellis Trl
Jacksonville, FL 32256
Baymeadows


HIGHLIGHTS

  • Reduced Competition: Over 400+ hotel rooms in the area have been converted into apartments in the past two years, significantly reducing supply.
  • Growing Conversion Trend: Jacksonville has shown continued interest in hotel-to-apartment conversions, highlighting strong demand affordable housing.
  • Prime Location: Strategically positioned off Interstate 95 and just 2 miles from Interstate 295, ensuring high visibility and accessibility.
  • Spacious Suite Layouts: 50 oversized suites measuring 12 feet x 30 feet (approximately 360 sq. ft.), ideal for extended-stay.
  • Underperforming the Comp Set: Ranked 5 out of 5 in its STR competitive set for three consecutive years, trailing by more than $10 in RevPAR.

OVERVIEW

***Offers Due by April 25, 2025*** The Kabani Hotel Group, as an exclusive representative of the seller, is pleased to present for sale the Quality Inn & Suites Baymeadows by Choice Hotels. The subject property is a 3-story, 127-room, exterior corridor hotel, with a lot size of 2.19 acres, located directly off Interstate 95 and just a short drive away from the St. Johns town center, and the Avenues. The property has an upside with a more hands on approach given that it is currently being managed by an absentee owner. The area surrounding the property hosts a variety of demand generators including Jacksonville International Airport, Bacardi Bottling Corporation, Jacksonville Zoo & Gardens, Downtown Jacksonville, Mayo Clinic, Southbank Riverwalk, University of North Florida, and TIAA Bank Field (Jacksonville Jaguars Stadium). Each of these demand drivers is easily accessible from the property. The property is also less than an hour away from St. Augustine. The Quality Inn Jacksonville Airport offers investors the opportunity to acquire an amenity-rich property in a quickly expanding market.

FOR SALE DETAILS

PRICE

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# OF ROOMS

127

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites Jacksonville-Baymeadows

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1989

PARKING SPACES

114

LAND DETAILS

LAND ACRES

2.19 AC

LAND SF

95,396 SF

ZONING

PUD

APN/PARCEL ID

152683-0170

ASK ABOUT THIS PROPERTY

Lucas MondinoKabani Hotel Group Inc.More Info
786-772-0719

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Lucas MondinoKabani Hotel Group Inc.More Info
786-772-0719

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