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Hotel-Motel

Travelodge Fort Myers Airport

13661 Indian Paint Ln, Fort Myers, FL 33912

Listing Price: $3,600,000

Cap Rate
8.21%
Number of Rooms
50
RevPAR
$43
Gross SF
17,994
Price/Room
$72,000
Price/Gross SF
$200.07
Year Built
1991

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 50-room Travelodge by Wyndham, located in Fort Myers, Florida. The property is a two-story hotel located directly off Interstate 75, a major thoroughfare of southwest and central Florida. Additionally, the hotel provides a unique turn-around opportunity for an owner-operator. As the hotel is located in Fort Myers, Florida (Lee County) and directly off of Interstate 75, it is expected this hotel will benefit from the positive net migration of new residents Southwest Florida experiences daily. The Travelodge by Wyndham benefits from being within close proximity to a variety of demand generators such as Southwest Florida International Airport, Florida Gulf Coast University, Downtown Fort Myers, among others. The Travelodge by Wyndham offers investors the opportunity to acquire a hotel with proven sustainable, consistent operating performance throughout the COVID-19 impacted year.

Investment Highlights

  • 50-Unit, Interior Corridor Travelodge by Wyndham
  • Owner-Operator with Sustainable, Consistent
  • Operating Performance in a Rapidly Growing Market

Exclusively Listed By

Hotel-Motel

Travelodge Fort Myers Airport

Listing Price: $3,600,000

Cap Rate
8.21%
Number of Rooms
50
RevPAR
$43
Gross SF
17,994
Price/Room
$72,000
Price/Gross SF
$200.07
Year Built
1991

Investment Highlights

  • 50-Unit, Interior Corridor Travelodge by Wyndham
  • Owner-Operator with Sustainable, Consistent
  • Operating Performance in a Rapidly Growing Market

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 50-room Travelodge by Wyndham, located in Fort Myers, Florida. The property is a two-story hotel located directly off Interstate 75, a major thoroughfare of southwest and central Florida. Additionally, the hotel provides a unique turn-around opportunity for an owner-operator. As the hotel is located in Fort Myers, Florida (Lee County) and directly off of Interstate 75, it is expected this hotel will benefit from the positive net migration of new residents Southwest Florida experiences daily. The Travelodge by Wyndham benefits from being within close proximity to a variety of demand generators such as Southwest Florida International Airport, Florida Gulf Coast University, Downtown Fort Myers, among others. The Travelodge by Wyndham offers investors the opportunity to acquire a hotel with proven sustainable, consistent operating performance throughout the COVID-19 impacted year.

Exclusively Listed By

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