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Fairfield Inn & Suites Pensacola West I-10 150 Loblolly Ln

87 Room Hotel Pensacola, FL 32526 $20,619,001 CAD ($237,000 CAD/Room)

Investment Highlights

  • 2019 Built
  • Strong ADR Market
  • Located Off Interstate 10
  • Upside Under New Management

Executive Summary

Thank you for your interest in the Fairfield Inn & Suites located in Pensacola Florida, a renowned tourist destination, drawing visitors with its beautiful beaches, historic sites, and vibrant culture. The city attracts a steady stream of tourists throughout the year. Amongst tourists, Pensacola has one of the largest Naval bases in the world. In recent years Pensacola has experienced massive economic growth proving favorable to hotel owners in the area.
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Market Demand Generators:
• Naval Aviation: Pensacola is often referred to as the "Cradle of Naval Aviation" because it is home to Naval Air Station Pensacola, where the U.S. Navy's Blue Angels flight demonstration team is based. The city has a rich history of aviation training and is home to the National Naval Aviation Museum.
• Beaches: The city boasts beautiful white sandy beaches along the Gulf of Mexico, making it a popular destination for tourists and beach lovers. Pensacola Beach and Perdido Key are among the most well-known beach areas.
• Historic Downtown: Pensacola has a historic downtown area with well-preserved architecture, including the Historic Pensacola Village, which features historic homes and museums. It's known for its charming streets, shops, and restaurants.
• Military Presence: Besides the naval base, Pensacola has a strong military presence, contributing to the local economy and culture.
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LOAN & FINANCING:
SBA 504 and Conventional financing available. Please contact your broker for additional details.
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Broker of Record:
Taj Patel
Contact:
P: 561.859.9739
E: Taj@HBofAmerica.com
FL DRE BK #3425856

Property Facts

Price $20,619,001 CAD
Price Per Room $237,000 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 5.90 AC
Building Size 51,241 SF
No. Rooms 87
No. Stories 4
Year Built 2019
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 18 $254.54 CAD -
Guest Room 69 $226.10 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-1S-31-1100-004-014
Land Assessment
$414,632 CAD
Improvements Assessment
$6,388,157 CAD
Total Assessment
$6,802,789 CAD

zoning

Zoning Code HC/LI (Hospitality)
HC/LI (Hospitality)
  • Listing ID: 31523172

  • Date on Market: 2024-04-16

  • Last Updated:

  • Address: 150 Loblolly Ln, Pensacola, FL 32526

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