Property History
Located off I-10 and 6 miles from downtown Jacksonville, close to the I-295 beltway. The property has three story’s hotel with 170 guestrooms. This Property is a Diamond in the Rough. Currently Undergoing a Full Renovation That is Expected to Be Completed in Early May 2023. The Scope of the Renovation is Extensive – Gutting All the Rooms Completely and Redoing All Essential Items Including FFE, Bathrooms, Flooring, Plumbing and Electrical- almost a complete re-build. This Presents an Amazing Opportunity for an Operator to Take This to the Next Level – as a Totally Renovated Independent Hotel, a Branded Hotel or an Extended Stay Product. The Property is Offered for Well Below Its Replacement Cost. Seller is motivated- make your best offer !!
- 170 Rooms
- 3 Story Property
- Exterior Corridor
- Complete Renovation- All New Rooms (on Going).
- Eta for Completion is Approx. 4 Months.
Loan History
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