Skip to main content

Hotel-Motel

SureStay Studio Pensacola

7230 Plantation Rd, Pensacola, FL 32504

Listing Price: $8,750,000

Cap Rate
9.77%
Number of Rooms
64
RevPAR
$94
Gross SF
34,000
Price/Room
$136,719
Price/Gross SF
$257.35
Year Built
1985

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 64-unit, SureStay Studio Pensacola, location in Pensacola, Florida. The subject property is located on 1.73 acres of land and features 2 floors of well-maintained guest rooms. Premium amenities at the hotel include an outdoor swimming pool with lounge chairs for guest to enjoy during their stay. Common area amenities include complimentary breakfast, fitness center, 24-hour front desk, guest laundry facilities, fax & photocopy machines, free on-site parking, and vending machines. Each guest room is equipped with free Wi-Fi, flat-screen TV, microwave, refrigerator, in-room coffee & tea maker, hairdryer, iron & ironing board, and desk with chair. The SureStay is ideally located off I-10 in Pensacola with close proximity to all demand generators. The Pensacola area benefits from its coastal location in the Panhandle of Florida, with a variety of attractions including universities, medical centers, a naval base, and beaches. University of West Florida, 3.5 miles away, is a medium-sized university, offering more than 100+ degree options and an enrollment of nearly 7,000 students. Other nearby colleges include Pensacola State College, and Pensacola Christian College, which are both within 4 miles of the subject property. Pensacola is home to many large hospitals including HCA Florida West Hospital (1.5 miles), Ascension Sacred Heart Pensacola Hospital ( 3 miles), Baptist Hospital (7.5 miles), and Naval Hospital Pensacola (12.5 miles). A large demand generator for the area is the Naval Air Station Pensacola, 10.5 miles away, which was the first commissioned Naval Air Station and features 8,000+ acres of land. The National Naval Museum, less than 11 miles away, is a renowned naval museum and one the most-visited museums in Florida in terms of aviation. For easy traveling to the area, the Pensacola International Airport is located 4 miles away and provides service to nearly 2 million passengers annually.

Investment Highlights

  • Fee simple interest in the 64-unit, SureStay Studio Pensacola, located in Pensacola, Florida
  • Strategically Located Along I-10 | Close Proximity to All Demand Generators
  • Medical Centers | HCA Florida West Hospital (1.5 mi), Ascension Sacred Heart (3 mi), & Baptist Hospital (7.5 mi)
  • Higher Education | University of West Florida (3.5 mi), Pensacola State College (3.2 mi), Pensacola Christian College (3.5 mi)
  • Naval Air Station Pensacola, 10.5 Miles Away, is a 8,400+ Acre Facility and the First Air Station for the U.S. Navy
  • Pensacola International Airport, 4 Miles Away, Serviced Nearly 2 million Passengers in 2021 and Offers Flights from Major Airlines Including American Airlines, United Airlines, and Delta Airlines

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Hotel-Motel

SureStay Studio Pensacola

Listing Price: $8,750,000

Cap Rate
9.77%
Number of Rooms
64
RevPAR
$94
Gross SF
34,000
Price/Room
$136,719
Price/Gross SF
$257.35
Year Built
1985

Investment Highlights

  • Fee simple interest in the 64-unit, SureStay Studio Pensacola, located in Pensacola, Florida
  • Strategically Located Along I-10 | Close Proximity to All Demand Generators
  • Medical Centers | HCA Florida West Hospital (1.5 mi), Ascension Sacred Heart (3 mi), & Baptist Hospital (7.5 mi)
  • Higher Education | University of West Florida (3.5 mi), Pensacola State College (3.2 mi), Pensacola Christian College (3.5 mi)
  • Naval Air Station Pensacola, 10.5 Miles Away, is a 8,400+ Acre Facility and the First Air Station for the U.S. Navy
  • Pensacola International Airport, 4 Miles Away, Serviced Nearly 2 million Passengers in 2021 and Offers Flights from Major Airlines Including American Airlines, United Airlines, and Delta Airlines

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 64-unit, SureStay Studio Pensacola, location in Pensacola, Florida. The subject property is located on 1.73 acres of land and features 2 floors of well-maintained guest rooms. Premium amenities at the hotel include an outdoor swimming pool with lounge chairs for guest to enjoy during their stay. Common area amenities include complimentary breakfast, fitness center, 24-hour front desk, guest laundry facilities, fax & photocopy machines, free on-site parking, and vending machines. Each guest room is equipped with free Wi-Fi, flat-screen TV, microwave, refrigerator, in-room coffee & tea maker, hairdryer, iron & ironing board, and desk with chair. The SureStay is ideally located off I-10 in Pensacola with close proximity to all demand generators. The Pensacola area benefits from its coastal location in the Panhandle of Florida, with a variety of attractions including universities, medical centers, a naval base, and beaches. University of West Florida, 3.5 miles away, is a medium-sized university, offering more than 100+ degree options and an enrollment of nearly 7,000 students. Other nearby colleges include Pensacola State College, and Pensacola Christian College, which are both within 4 miles of the subject property. Pensacola is home to many large hospitals including HCA Florida West Hospital (1.5 miles), Ascension Sacred Heart Pensacola Hospital ( 3 miles), Baptist Hospital (7.5 miles), and Naval Hospital Pensacola (12.5 miles). A large demand generator for the area is the Naval Air Station Pensacola, 10.5 miles away, which was the first commissioned Naval Air Station and features 8,000+ acres of land. The National Naval Museum, less than 11 miles away, is a renowned naval museum and one the most-visited museums in Florida in terms of aviation. For easy traveling to the area, the Pensacola International Airport is located 4 miles away and provides service to nearly 2 million passengers annually.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

MM Texture Background
MM Textured Background Lower