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Hotel-Motel

Regency Inn

2277 S Byron Butler Pkwy, Perry, FL 32348

Listing Price: $1,950,000

Cap Rate
9.48%
Number of Rooms
60
RevPAR
$25
Gross SF
16,860
Price/Room
$32,500
Price/Gross SF
$115.66
Year Built
1962

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 60-room Regency Inn located in Perry, Florida. The property is a two-story, limited-service hotel located directly off U.S. Highways 27 and 98, the area's two major thoroughfares. Perry is roughly the midway point between the cities of Tallahassee (the Florida state capital and the home of Florida State University and Florida A&M University) and Gainesville (the home of the University of Florida). The property is also located within close proximity to a variety of other demand generators including: Weather Perry - Foley Airport, Doctors' Memorial Hospital, and the Georgia Pacific Foley Plant, among others. Regency Inn offers investors the opportunity to acquire a 60-room, easily-manageable property, with a rebranding opportunity in a transient city.

Investment Highlights

  • The Regency Inn is a 60-Room, Two-Story, Limited-Serve Hotel Located in Perry, Florida. This Hotel has 40 Interior Corridor Rooms and 20 Exterior Corridor Rooms.
  • Excellent Entry-Level Property for A First-Time Hotel Investor and Ideal Owner-Operator Opportunity.
  • Potential Reflag Opportunity; Multiple Flags Available In Local Market Including Motel 6, Choice Hotels, And Wyndham Hotels

Exclusively Listed By

Financing By

Listing Price: $1,950,000

Cap Rate
9.48%
Number of Rooms
60
RevPAR
$25
Gross SF
16,860
Price/Room
$32,500
Price/Gross SF
$115.66
Year Built
1962

Investment Highlights

  • The Regency Inn is a 60-Room, Two-Story, Limited-Serve Hotel Located in Perry, Florida. This Hotel has 40 Interior Corridor Rooms and 20 Exterior Corridor Rooms.
  • Excellent Entry-Level Property for A First-Time Hotel Investor and Ideal Owner-Operator Opportunity.
  • Potential Reflag Opportunity; Multiple Flags Available In Local Market Including Motel 6, Choice Hotels, And Wyndham Hotels

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 60-room Regency Inn located in Perry, Florida. The property is a two-story, limited-service hotel located directly off U.S. Highways 27 and 98, the area's two major thoroughfares. Perry is roughly the midway point between the cities of Tallahassee (the Florida state capital and the home of Florida State University and Florida A&M University) and Gainesville (the home of the University of Florida). The property is also located within close proximity to a variety of other demand generators including: Weather Perry - Foley Airport, Doctors' Memorial Hospital, and the Georgia Pacific Foley Plant, among others. Regency Inn offers investors the opportunity to acquire a 60-room, easily-manageable property, with a rebranding opportunity in a transient city.

Exclusively Listed By

Financing By

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