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Hotel-Motel

Jacksonville Plaza

14585 Duval Rd, Jacksonville, FL 32218

Listing Price: Request For Offer

Number of Rooms
100
RevPAR
$1
Gross SF
34,626
Year Built
1998

Investment Overview

Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale the Jacksonville Plaza Hotel. This subject property is a 100-room, interior corridor hotel conveniently located off I-95 at exit 363. The hotel is also within close proximity of the Saint Vincent Medical Center, EverBank Field, Jacksonville Beach, and the University of North Florida. Operationally, the hotel has achieved $1,017,973 up until July of 2021 in gross revenue. The offering presents a new investor an opportunity to raise the ADR through the implementation of a well accredited flag or through maintaining a cost cutting strategy.

Investment Highlights

  • The subject property's convenient location provides ease of access to I-95 Expressway and I-295 Expressway.
  • Operationally, the hotel has achieved $1,017,973 up until July of 2021 in gross revenue.
  • In 2018, the owner achieved a gross revenue of $1,775,373 and produced an NOI $520,463.

Exclusively Listed By

Listing Price: Request For Offer

Number of Rooms
100
RevPAR
$1
Gross SF
34,626
Year Built
1998

Investment Highlights

  • The subject property's convenient location provides ease of access to I-95 Expressway and I-295 Expressway.
  • Operationally, the hotel has achieved $1,017,973 up until July of 2021 in gross revenue.
  • In 2018, the owner achieved a gross revenue of $1,775,373 and produced an NOI $520,463.

Investment Overview

Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale the Jacksonville Plaza Hotel. This subject property is a 100-room, interior corridor hotel conveniently located off I-95 at exit 363. The hotel is also within close proximity of the Saint Vincent Medical Center, EverBank Field, Jacksonville Beach, and the University of North Florida. Operationally, the hotel has achieved $1,017,973 up until July of 2021 in gross revenue. The offering presents a new investor an opportunity to raise the ADR through the implementation of a well accredited flag or through maintaining a cost cutting strategy.

Exclusively Listed By

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