www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34415389

1857 ATWOOD DR, PENSACOLA, FL 32514 For Sale

BB
FL 3327646, OH BRK.200900214 (+21)
Bang Realty
SN
CA CA 01717362
Hotel Brokers Of America
Listed by Bang Realty, Hotel Brokers Of America
$13,000,000
3 days on market
Updated 3 days ago

114 Room Full-Service IHG Hotel - Pensacola, FL

Details
APN 18-1S-30-4210-000-002
Property Type Hospitality, Mixed Use
Sub Type Hotel
Square Footage 69,687
Keys 114
Cap Rate 8.81%
NOI $1,366,501
Occupancy 75.31%
Year Built 2008
Year Renovated 2018
Stories 5
Ground Lease No

Dual Investment Strategy | Full Service Hotel with Multiple Revenue Streams

Marketing description

Hotel Brokers of America is pleased to offer, on an exclusive basis, the opportunity to acquire this 114-room Hotel, prominently located in Pensacola, FL. The hotel provides seamless access to downtown and key regional demand drivers, including the University of West Florida, Pensacola International Airport, and Naval Air Station Pensacola. Backed by robust, year-round corporate, military, and leisure travel, the property presents a versatile investment with two distinct operational paths: Prospective investors have the unique flexibility to pursue one of two distinct operational strategies to maximize the property's financial performance and market positioning:

Scenario 1: Maintain the Current Franchise (Baseline / Core Case)

The primary investment thesis focuses on retaining the highly visible brand. This path requires an estimated Property Improvement Plan (PIP) of $10,000 per key. This option offers a cost-effective route to securing steady, reliable cash flow with minimal initial capital expenditure.

Scenario 2: Upscale Reflag (Premium Value-Add Case)

Alternatively, forward-thinking investors can capitalize on a significant market-repositioning opportunity by executing a comprehensive renovation to reflag the property. This strategy requires an estimated PIP of $30,000 per key. By elevating the property to an upscale service tier, a new owner can capture premium Average Daily Rates (ADR) and a larger market share of affluent corporate, military, and leisure travelers.

Investment highlights

Competitive Advantages:

  • Dual Investment Strategy
  • Potential Conversion
  • Established Full-Service Hotel
  • Restaurant & Lounge
  • Meeting & Banquet Facilities
  • Multiple Revenue Streams
  • Strong Existing Occupancy
  • Diversified Year-Round Demand
  • Significant Long-Term Value Creation Potential

Demand Generators:

  • Naval Air Station Pensacola - One of the nation's premier naval aviation training facilities, NAS Pensacola generates significant lodging demand from military personnel, contractors, trainees, and visiting families throughout the year.
  • Navy Federal Credit Union Headquarters - The Navy Federal Credit Union campus employs more than 10,000 associates and continues to expand, generating recurring lodging demand from executives, consultants, vendors, recruiters, and corporate visitors.
  • Healthcare Corridor - Baptist Hospital, Ascension Sacred Heart Hospital, HCA Florida West Hospital, and numerous medical facilities generate year-round demand from traveling healthcare professionals, patients, vendors, and contractors.
  • Tourism & Beaches - Pensacola Beach, Gulf Islands National Seashore, Blue Angels performances, fishing tournaments, festivals, and year-round leisure travel continue supporting one of Florida's strongest tourism economies.
  • Industrial & Aerospace Growth - Pensacola continues attracting investment from aerospace, aviation, maritime, logistics, and defense industries, creating additional corporate travel and contractor-related lodging demand.

Listing Contacts

BB
FL 3327646, OH BRK.200900214 (+21)
Bang Realty
SN
CA CA 01717362
Hotel Brokers Of America
Listed by Bang Realty, Hotel Brokers Of America

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,366,501.00
$113,875.08/mo

Valuation Metrics

0
DSCR
10.51%
Cap Rate
10.51%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Brian Brockman
License
3327646
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591