1153 Airport Rd | Jacksonville, FL 32218
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1153 Airport Rd
Jacksonville, FL 32218
Developer Inn & Suites Airport JAX, a Baymont · Hospitality Property For Sale
·
97,130 SF
INVESTMENT HIGHLIGHTS
- The property has potential to be a multi-family conversion with the 80 percent - 20 percent rule in the CCG-1 Zoning guidelines.
- Currently, the Travelodge is listed at $31,343 on a per key basis.
- Operationally, the hotel has achieved a gross revenue of $2,307,085 in 2018 resulting in a 2.73 revenue multiplier based on current pricing.
- Historically, the subject property was built with 224 units, from which 23 units have been condensed into suites, leading the total room count to 201.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2022 |
| Building Class | C | Tenancy | Single |
| Lot Size | 6.00 AC | Parking Ratio | 2.62/1,000 SF |
| Building Size | 97,130 SF | Corridor | Exterior |
| Zoning | CCG-1 - General Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.00 AC |
| Building Size | 97,130 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2022 |
| Tenancy | Single |
| Parking Ratio | 2.62/1,000 SF |
| Corridor | Exterior |
| Zoning | CCG-1 - General Commercial |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 019348-0020 | Improvements Assessment | $1,522,904 |
| Land Assessment | $4,040,596 | Total Assessment | $5,563,500 |
PROPERTY TAXES
Parcel Number
019348-0020
Land Assessment
$4,040,596
Improvements Assessment
$1,522,904
Total Assessment
$5,563,500
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