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Hotel-Motel

Quality Inn - White Springs, FL

3119 County Rd 136, White Springs, FL 32096

Listing Price: $1,949,000

Cap Rate
10.28%
Number of Rooms
40
RevPAR
$49
Gross SF
13,726
Price/Room
$48,725
RRM
2.70
Price/Gross SF
$141.99
Year Built
1973

Investment Overview

Marcus & Millichap is pleased to present as exclusive agent for sale the Quality Inn located 3119 County Rd 136, White Springs, FL 32096. A two-story limited service hotel consisting of 40 exterior corridor rooms situated off I-75 and FL-136 in Suwannee County, Florida, sitting on 3.1 Acres. White Springs, FL in Suwannee County is roughly the midway between the cities of Tallahassee, Gainesville and Jacksonville. All three cities are approximately an hour drive from hotel. The hotel went through a Property Improvement Plan (PIP) in 2020. All rooms are equipped with telephones, microwaves, coffee makers, desks, flat screen tv's, complimentary toiletries and hair dryers. The Quality Inn Hotel offers investors the opportunity to acquire a value add, easily manageable and well maintained hotel.

Investment Highlights

  • 40 Room exterior corridor | Two story building with pool
  • Situated on 3.1 acre lot
  • Excellent CAP Rate of 10.28%

Exclusively Listed By

Hotel-Motel

Quality Inn - White Springs, FL

Listing Price: $1,949,000

Cap Rate
10.28%
Number of Rooms
40
RevPAR
$49
Gross SF
13,726
Price/Room
$48,725
RRM
2.70
Price/Gross SF
$141.99
Year Built
1973

Investment Highlights

  • 40 Room exterior corridor | Two story building with pool
  • Situated on 3.1 acre lot
  • Excellent CAP Rate of 10.28%

Investment Overview

Marcus & Millichap is pleased to present as exclusive agent for sale the Quality Inn located 3119 County Rd 136, White Springs, FL 32096. A two-story limited service hotel consisting of 40 exterior corridor rooms situated off I-75 and FL-136 in Suwannee County, Florida, sitting on 3.1 Acres. White Springs, FL in Suwannee County is roughly the midway between the cities of Tallahassee, Gainesville and Jacksonville. All three cities are approximately an hour drive from hotel. The hotel went through a Property Improvement Plan (PIP) in 2020. All rooms are equipped with telephones, microwaves, coffee makers, desks, flat screen tv's, complimentary toiletries and hair dryers. The Quality Inn Hotel offers investors the opportunity to acquire a value add, easily manageable and well maintained hotel.

Exclusively Listed By

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