Skip to main content

Hotel-Motel

Red Roof Inn & Suites Crestview

4255 S Ferdon Blvd, Crestview, FL 32536

Listing Price: Request For Offer

Number of Rooms
64
RevPAR
$60
Gross SF
75,358
Year Built
1988

Investment Overview

Marcus & Millichap as an exclusive representative of the seller is pleased to present for sale the Red Roof Inn Crestview. The subject property is a 2-building, 2-story, 64-room, exterior corridor hotel, with a lot size of 1.73 acres, located directly off Interstate 10 and just a short drive away from Eglin Airforce Base. The Property features free wifi, free long-distance calling, free parking, and an elevator. The area surrounding the property hosts a variety of demand generators including Eglin Airforce Base, Interstate 10 travel, Destin-Ft. Walton Beach Airport, Black Water River State Park, Ft. Walton Beach Landing, Crestview Amtrak station, Twin Hill Park, Sasquatch Zoo, Crestview Commercial historic district, Hot Wheels Skating Center, and many golf courses. Prospective buyers have the opportunity to invest in an expanding market in Florida.

Investment Highlights

  • Prime Location Directly off Interstate 10 and just 30 minutes away from Destin Beach where 7.5 million people travel every year
  • Recently Renovated Concrete build Property
  • Operationally, the property produced $1,398,550 in gross Revenues for 2021

Exclusively Listed By

Financing By

Hotel-Motel

Red Roof Inn & Suites Crestview

Listing Price: Request For Offer

Number of Rooms
64
RevPAR
$60
Gross SF
75,358
Year Built
1988

Investment Highlights

  • Prime Location Directly off Interstate 10 and just 30 minutes away from Destin Beach where 7.5 million people travel every year
  • Recently Renovated Concrete build Property
  • Operationally, the property produced $1,398,550 in gross Revenues for 2021

Investment Overview

Marcus & Millichap as an exclusive representative of the seller is pleased to present for sale the Red Roof Inn Crestview. The subject property is a 2-building, 2-story, 64-room, exterior corridor hotel, with a lot size of 1.73 acres, located directly off Interstate 10 and just a short drive away from Eglin Airforce Base. The Property features free wifi, free long-distance calling, free parking, and an elevator. The area surrounding the property hosts a variety of demand generators including Eglin Airforce Base, Interstate 10 travel, Destin-Ft. Walton Beach Airport, Black Water River State Park, Ft. Walton Beach Landing, Crestview Amtrak station, Twin Hill Park, Sasquatch Zoo, Crestview Commercial historic district, Hot Wheels Skating Center, and many golf courses. Prospective buyers have the opportunity to invest in an expanding market in Florida.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower