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13301 N Cleveland Ave
North Fort Myers, FL 33903
Econo Lodge North Fort Myers · Hospitality Property For Sale
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20,454 SF
Investment Highlights
- 48-Rooms, 2 Stories, Exterior Corridor Located in a High Growth Market
- Recently had approximately $300,000+/- spent in renovations
- Projected Year 1 Projected Room Revenue of $948,051 - Projected Year 1 Cap Rate
- 4.2 Miles to the Fort Myers River District & 4.7 Miles to Edison Mall
- YE 2022 Room Revenue of $676,796
- Projected Year 1 Net Operating Income of $445,277
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2005 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.03 AC | Parking Ratio | 1.13/1,000 SF |
| Building Size | 20,454 SF | Corridor | Exterior |
| Zoning | C-1A - Neighborhood Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 20,454 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2005 |
| Tenancy | Single |
| Parking Ratio | 1.13/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1A - Neighborhood Commercial |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
Property Taxes
| Parcel Number | 11-44-24-00-00017.3030 | Improvements Assessment | $1,541,801 |
| Land Assessment | $900,000 | Total Assessment | $2,566,265 |
Property Taxes
Parcel Number
11-44-24-00-00017.3030
Land Assessment
$900,000
Improvements Assessment
$1,541,801
Total Assessment
$2,566,265
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