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Hotel-Motel

Royal Inn Hotel

968 Ohio Ave N, Live Oak, FL 32064

Listing Price: $950,000

Cap Rate
6.67%
Number of Rooms
28
RevPAR
$22
Gross SF
4,309
Price/Room
$33,929
Price/Gross SF
$220.47
Year Built
1967

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 28- room Royal Inn Hotel located off Interstate 10 in Live Oak, Florida. Live Oak is the largest community and only full-fledged city in Suwanee County. Live Oak is centrally located between Tallahassee and Jacksonville. The hotel is a short distance from demand generators such as the Suwannee County Historical Commission and Museum, Suwannee Airport, and Spirit of the Suwannee Music Park and Campground, among others. The Royal Inn Hotel offers investors the opportunity to acquire a 28-room, easy-to-manage hotel in a transient city with multiple value-add opportunities.

Investment Highlights

  • The Royal Inn Hotel is a 28-Room Hotel Located in Live Oak, Florida. Property includes (25) Standard Hotel Rooms, 1 Three-Bedroom Apartment, 1 Two-Bedroom Apartment, and 1 One-Bedroom Manager's Suite
  • Excellent Entry Level Property for a First-Time Hotel Investor. Opportunity To Increase RevPAR Through Increased Internet Exposure and Marketing
  • Draws In Transient Business Due To Close Proximity To Three Major State Throughfares

Exclusively Listed By

Financing By

Hotel-Motel

Royal Inn Hotel

Listing Price: $950,000

Cap Rate
6.67%
Number of Rooms
28
RevPAR
$22
Gross SF
4,309
Price/Room
$33,929
Price/Gross SF
$220.47
Year Built
1967

Investment Highlights

  • The Royal Inn Hotel is a 28-Room Hotel Located in Live Oak, Florida. Property includes (25) Standard Hotel Rooms, 1 Three-Bedroom Apartment, 1 Two-Bedroom Apartment, and 1 One-Bedroom Manager's Suite
  • Excellent Entry Level Property for a First-Time Hotel Investor. Opportunity To Increase RevPAR Through Increased Internet Exposure and Marketing
  • Draws In Transient Business Due To Close Proximity To Three Major State Throughfares

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 28- room Royal Inn Hotel located off Interstate 10 in Live Oak, Florida. Live Oak is the largest community and only full-fledged city in Suwanee County. Live Oak is centrally located between Tallahassee and Jacksonville. The hotel is a short distance from demand generators such as the Suwannee County Historical Commission and Museum, Suwannee Airport, and Spirit of the Suwannee Music Park and Campground, among others. The Royal Inn Hotel offers investors the opportunity to acquire a 28-room, easy-to-manage hotel in a transient city with multiple value-add opportunities.

Exclusively Listed By

Financing By

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