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25713281
25713414

7516 W Newberry Rd, Gainesville, FL 32606

AK
FL SL3115103
Kabani Hotel Group
SD
BK3430604
Kabani Hotel Group
Listed by Kabani Hotel Group
Unpriced
301 days on market
Updated 30 days ago

Quality Inn University North I-75 Gainesville

Details
APN 06331-002-001
Property Type Hospitality
Sub Type Hotel, Motel
Keys 101
Year Built 1972
Acreage 2.420

Hospitality | 101 Keys | Upside From Reactivating Rooms

Marketing description

Kabani Hotel Group, as the exclusive representative of the seller, is pleased to present the Quality Inn University North I-75 for sale. This 101-room exterior corridor hotel is ideally situated with direct access to Interstate 75 and is just minutes from the University of Florida and the Oaks Mall, benefiting from the strong demand generated by one of the nation’s most recognized public universities.

With absentee ownership and no professional management in place, the hotel has significantly underperformed, presenting a compelling value-add opportunity for a new investor or owner-operator to implement active management, optimize operations, and reposition the asset to capture the area’s strong lodging demand. The property has accomodated non-revenue construction employees working on nearby ownership projects.

Additionally, the parcel has received zoning approval for redevelopment into a 202-unit student housing project, providing prospective buyers with significant optionality for future use.

Investment highlights

PROPERTY HIGHLIGHTS

• Underperforming on STR Comp Set
• Operated By An Absentee Owner With No Management Company
• Zoning Allows For 202 Room Student Housing Redevelopment Play
• Property Has Accommodated Non-Revenue Construction Employees Working On Nearby Ownership Projects
• Prime Location | Just off I-75 (98,500 AADT)
• On-Site Amenities: Breakfast, Outdoor Pool, Fitness Center, Business Center, Laundry

LOCATION HIGHLIGHTS

• 0.7 Miles - HCA North Florida Hospital
• 0.8 Miles - Oaks Mall
• 2.6 Miles - Sante Fe College
• 3.2 Miles - University Of Florida
• 4.4 Miles - Florida Museum of Natural History
• 4.6 Miles - Ben Hill Griffin Stadium
• 5.1 Miles - Celebration Pointe
• 5.8 Miles - UF Health Shands Hospital
• 6.7 Miles - Hippodrome Theatre
• 10.5 Miles - Gainesville Regional Airport
• 13.7 Miles - Paynes Praire State Park

Listing Contacts

AK
FL SL3115103
Kabani Hotel Group
SD
BK3430604
Kabani Hotel Group
Listed by Kabani Hotel Group

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Additional Information

Name
Ahmed Kabani
License
SL3115103
Brokerage
Kabni Hotel Group Inc
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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