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Courtyard Tampa North I 75 Fletcher 13575 Cypress Glen Ln 81 Room Hotel Tampa, FL 33637 For Sale
EXECUTIVE SUMMARY
• Recently renovated asset with moderate upfront capital requirements
• Tampa Bay is a top ten occupancy, ADR, and RevPAR U.S. lodging market through Q1 2025
• Tampa North submarket is growing RevPAR at a rapid pace reaching new all-time highs (5.2% CAGR from 2019 to 2024)
• Immediate proximity to major economic drivers with heavy focus on "Eds & Meds" economy, tech and financial services, and anchor leisure destinations
• University of South Florida (USF) is building a new $340 million football stadium expected to open Fall 2027
• Staggering local investment creating a dynamic live-work-play destination
• Stable supply picture with competitive inventory recently taken offline and no new supply
• Tampa Bay is a top ten occupancy, ADR, and RevPAR U.S. lodging market through Q1 2025
• Tampa North submarket is growing RevPAR at a rapid pace reaching new all-time highs (5.2% CAGR from 2019 to 2024)
• Immediate proximity to major economic drivers with heavy focus on "Eds & Meds" economy, tech and financial services, and anchor leisure destinations
• University of South Florida (USF) is building a new $340 million football stadium expected to open Fall 2027
• Staggering local investment creating a dynamic live-work-play destination
• Stable supply picture with competitive inventory recently taken offline and no new supply
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 81 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1995/2014 |
| Building Class | B | Parking Ratio | 3.15/1,000 SF |
| Lot Size | 1.56 AC | Corridor | Interior |
| Building Size | 47,571 SF | ||
| Zoning | PD-A | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.56 AC |
| Building Size | 47,571 SF |
| No. Rooms | 81 |
| No. Stories | 3 |
| Year Built/Renovated | 1995/2014 |
| Parking Ratio | 3.15/1,000 SF |
| Corridor | Interior |
| Zoning | PD-A |
AMENITIES
- Balcony
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- On-Site Bar
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $261.67 CAD | - |
| Guest Room | 78 | $240.90 CAD | - |
PROPERTY TAXES
| Parcel Number | A-01-28-19-1EP-000000-00003.0 | Improvements Assessment | $5,273,051 CAD |
| Land Assessment | $1,086,809 CAD | Total Assessment | $6,359,860 CAD |
PROPERTY TAXES
Parcel Number
A-01-28-19-1EP-000000-00003.0
Land Assessment
$1,086,809 CAD
Improvements Assessment
$5,273,051 CAD
Total Assessment
$6,359,860 CAD
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Courtyard Tampa North I 75 Fletcher | 13575 Cypress Glen Ln
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