3805 Reid St | Palatka, FL 32177
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- LoopNet Team
3805 Reid St
Palatka, FL 32177
Sleep Inn & Suites Palatka North · Hospitality Property For Sale · 31,671 SF
Investment Highlights
- Three-Story, 73-Room, Interior Corridor Hotel - 2007 Construction
- 1.3 Miles to St Johns River State College (Palatka Campus) • 31.3 Miles St. Augustine, FL
- Year 1 Projected Room Revenue of $1,746,140
- Located in a High Growth Market • Upward Trend in Revenue
- YE 2022 Room Revenue of $1,557,935
- 2022 ADR vs Comp Set - $83.57 vs $121.36 • 2022 RevPAR Ranking - 5 of 5
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2007/2013 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.02 AC | Parking Ratio | 1.61/1,000 SF |
| Building Size | 31,671 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.02 AC |
| Building Size | 31,671 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2007/2013 |
| Tenancy | Single |
| Parking Ratio | 1.61/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 02-10-26-0000-0060-0011 | Improvements Assessment | $4,919,765 |
| Land Assessment | $757,187 | Total Assessment | $5,676,951 |
PROPERTY TAXES
Parcel Number
02-10-26-0000-0060-0011
Land Assessment
$757,187
Improvements Assessment
$4,919,765
Total Assessment
$5,676,951
zoning
| Zoning Code | C-2 (Commercial) |
| C-2 (Commercial) |
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