Regency Inn Jacksonville
Hospitality | 150 Keys
Marketing description
Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 150-room Regency Inn located in Jacksonville, Florida - the most populous city in the State of Florida. The property is a two-story, limited-service hotel that is conveniently located along the Arlington Expressway - one of Jacksonville's main thoroughfares that provides excellent signage and accessibility to a wide variety of Jacksonville's more notable demand generators. The asset represents a compelling value-add opportunity through strategic operational improvements, targeted capital upgrades, and revenue management optimization. Located approximately 5 miles from downtown Jacksonville, the Regency Inn offers investors the opportunity to acquire a 150-room property in a highly desirable and growing market.
Investment highlights
- Interior-corridor.
- Independent hotel - unencumbered by the strict operating requirements and annual fees associated with franchising.
- Value-add opportunity through strategic operational improvements, targeted capital upgrades, revenue management optimization, and increased marketing.
- Ideal location along Arlington Expressway, providing ease of access and displaying excellent signage to commuters.
- Located in the Jacksonville MSA, home to over 1.6 million people.
- Located approximately 10 minutes from Downtown Jacksonville and the beaches, the Univeristy of North Florida, major sporting venues, and top shopping destinations.
- The section of Arlington Expressway closest to the property has an Average Annual Daily Traffic (AADT) count of approximately 54,200 vehicles per day.
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