285 SW Commerce Blvd | Lake City, FL 32025
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- LoopNet Team
285 SW Commerce Blvd
Lake City, FL 32025
Quality Inn Lake City · Hospitality Property For Sale · 25,908 SF
Investment Highlights
- • $600,000+/- in Recent Renovations
- • YE 2023 Room Revenue of $1,306,107
- • YE 2023 Room Revenue Multiplier of 3.79x
- • 2.90 +/- Acres • Situated Directly Off of Interstate 75
- • YE 2023 Net Operating Income of $468,533
- • YE 2023 ADR / Occupancy / RevPAR of $93.78 / 68.74% / $64.46
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1999 |
| Building Class | B | Parking Ratio | 1.93/1,000 SF |
| Lot Size | 2.90 AC | Corridor | Interior |
| Building Size | 25,908 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.90 AC |
| Building Size | 25,908 SF |
| No. Stories | 3 |
| Year Built | 1999 |
| Parking Ratio | 1.93/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 35-3S-16-02563-003 | Improvements Assessment | $1,601,614 |
| Land Assessment | $785,893 | Total Assessment | $2,387,507 |
PROPERTY TAXES
Parcel Number
35-3S-16-02563-003
Land Assessment
$785,893
Improvements Assessment
$1,601,614
Total Assessment
$2,387,507
zoning
| Zoning Code | CG (Commercial General) |
| CG (Commercial General) |
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