Hotel-Motel
Royal Inn Hotel
968 Ohio Ave N, Live Oak, FL 32064
Listing Price: $950,000
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.
Royal Inn Hotel
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
Listing Price: $950,000
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.
