1401 Atlantic Blvd | Neptune Beach, FL 32266
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- LoopNet Team
1401 Atlantic Blvd
Neptune Beach, FL 32266
Red Roof PLUS Neptune Beach · Hospitality Property For Sale
·
84,355 SF
INVESTMENT HIGHLIGHTS
- Only Red Roof Brand Property in Jacksonville Beach Market • 132-Rooms, Two Story, Interior Corridor • Restaurant/Bar Adjacent to Hotel
- List Price of Market Bid • Amenities Include, Outdoor Pool, Premium WiFi, Free Continental Breakfast, Guest Laundry, and Pet Friendly
- Built in 1974 / Full Renovation in 2022 • Concrete Block Construction • 25 Miles from Jacksonville International Airport
- Multiple Streams of Income • 3.31+/- Acres of Land • Year 1 Projected Room Revenue - $4,095,300 • Year 1 Projected NOI - $1,919,085
- 1 Mile from Beach front • 3 Miles from Center of Jacksonville Beach • 5 Miles from Mayport Naval Station • 7 Miles from Mayo Clinic Florida
- 2022 Renovations include: Interior/Exterior Paint, Carpet/Tile, Mattresses, Secured Foundation, TVs, PTACs, Bathrooms Remodeled, Roof, Camera System
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1974/2022 |
| Building Class | B | Parking Ratio | 1.24/1,000 SF |
| Lot Size | 3.31 AC | Corridor | Interior |
| Building Size | 84,355 SF | ||
| Zoning | NC-3 - The surrounding trade area reflects high disposable income, strong household growth projections, and a robust daytime workforce. | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.31 AC |
| Building Size | 84,355 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2022 |
| Parking Ratio | 1.24/1,000 SF |
| Corridor | Interior |
| Zoning | NC-3 - The surrounding trade area reflects high disposable income, strong household growth projections, and a robust daytime workforce. |
AMENITIES
- Business Center
- Pool
- Restaurant
PROPERTY TAXES
| Parcel Number | 177547-0000 | Improvements Assessment | $730 |
| Land Assessment | $2,818,122 | Total Assessment | $2,818,852 |
PROPERTY TAXES
Parcel Number
177547-0000
Land Assessment
$2,818,122
Improvements Assessment
$730
Total Assessment
$2,818,852
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