Listed by Marquee Commercial Lodging Advisors
$21,000,000
Holiday Inn St. Petersburg West
Details
APN 15-31-16-57272-001-0010
Property Type Hospitality
Sub Type Hotel
Square Footage 74,685
Keys 129
Brand/Tenant Holiday Inn
Pro-Forma Cap Rate 7.8%
Pro-Forma NOI $1,638,860
Year Built 2000
Year Renovated 2018
Stories 4
Acreage 3.420
Ownership Fee Simple
Hospitality | 129 Keys
Marketing description
The Holiday Inn St. Petersburg West presents an investor with a prime opportunity to purchase a highly reputable, full-service hotel in the heart of St. Petersburg, Florida, near renowned beaches, major highways, and local attractions. The acquiring party will inherit a hotel that has proven consistent financial performance since the start of 2022, meaning a steady and predictable return on investment. The Holiday Inn St. Petersburg West benefits from its location, being only minutes away from downtown St. Petersburg, Tampa Bay, and the St. Pete Pier
Listing Contacts
Listed by Marquee Commercial Lodging Advisors
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