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APM Inn & Suites Jacksonville, FL 510 Lane Ave S 207 Room Hotel Jacksonville, FL 32254 $20,391,876 CAD ($98,511 CAD/Room)
EXECUTIVE SUMMARY
Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 207-room APM Inn & Suites 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 within close proximity Interstate-10, West Beaver Street, & Lane Avenue South - three major thoroughfares/expressways that provide ease of access to commuters. The property also presents the opportunity to take either continue operating as an independent hotel, or reposition/convert the hotel to a reputable brand or different use. Located within 10 miles from downtown Jacksonville, the APM Inn & Suites offers investors the opportunity to acquire a 207-room property in a highly desirable and growing market.
To learn more, please reach out to Chris Passeggiata at (561) 676-7973 or Christopher.Passeggiata@cushwake.com
To learn more, please reach out to Chris Passeggiata at (561) 676-7973 or Christopher.Passeggiata@cushwake.com
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $20,391,876 CAD | Building Size | 71,880 SF |
| Price Per Room | $98,511 CAD | No. Rooms | 207 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1969/2021 |
| Property Subtype | Hotel | Parking Ratio | 2.41/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 5.16 AC | ||
| Zoning | CCG-1 - Commercial Community/General | ||
| Price | $20,391,876 CAD |
| Price Per Room | $98,511 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.16 AC |
| Building Size | 71,880 SF |
| No. Rooms | 207 |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2021 |
| Parking Ratio | 2.41/1,000 SF |
| Corridor | Exterior |
| Zoning | CCG-1 - Commercial Community/General |
AMENITIES
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 9 | $139.63 CAD | - |
| Guest Room | 198 | $78.80 CAD | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,420,943 CAD | |
| Land Assessment | $2,873,646 CAD | Total Assessment | $7,294,588 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,873,646 CAD
Improvements Assessment
$4,420,943 CAD
Total Assessment
$7,294,588 CAD
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APM Inn & Suites Jacksonville, FL | 510 Lane Ave S
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