La Quinta Inn by Wyndham Pensacola
Hospitality | 130 Keys
Marketing description
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 130-room La Quinta Inn, located in Pensacola, Florida. The property is a three-story, limited-service hotel that is directly off of North Davis Highway and conveniently located within close proximity Interstate-10, providing ease of access to commuters along Pensacola’s main thoroughfare and expressway. The property also presents the opportunity to convert the hotel to a Quality Inn or Travelodge. Additionally, with its proximity to Pensacola International Airport, the University of West Florida, major medical facilities, and the area’s renowned beaches, the hotel is strategically located to capture a diverse range demand generators. The La Quinta Inn by Wyndham Pensacola offers investors the opportunity to acquire a 130-room property in an established and growing market with exceptional upside opportunity.
Multiple Conversion Opportunities Available!
Please call Broker for More Information: 304-881-6397
Investment highlights
- 130-Room Exterior Corridor Hotel
- Currently operating as a La Quinta by Wyndham however Wyndham is not allowing a buyer to keep the La Quinta flag. Accordingly, a buyer may reposition to Travelodge with minimal expected PIP (~$100,000) or explore options outside the Wyndham family.
- Offered at only ~$40,385/Key at recently reduced list price of $5,250,000.
- Rebranding opportunities available, including:
- Quality Inn by Choice
- Travelodge by Wyndham
- Choice Hotels is expected to provide $650,000 in key money ($5,000 per room) for conversion to a Quality Inn.
- Average room revenue over the past three years (2023–2025) is approximately $1,469,214, based on an average of 92 rentable rooms.
- Estimated Quality Inn conversion costs: ~$303,000
- Travelodge by Wyndham conversion available with low estimated conversion costs of approximately $100,000.
- Over $888,000 in renovations completed since 2021.
- Absentee-owned, offering upside for a hands-on owner-operator.
- Opportunity to increase RevPAR to competitive set levels and outperform the market through active management and enhanced marketing.
- The property is ~3.7 miles from Pensacola International Airport (PNS).
- Located directly off North Davis Highway, a major Pensacola thoroughfare with excellent visibility and access
- Average Annual Daily Traffic (AADT): ~67,000 vehicles per day.
- Ideally positioned off of Interstate-10, providing convenient access and strong commuter exposure
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