1985 90th Ave
Vero Beach, FL 32966
Howard Johnson Vero Beach I-95 OWNER FINANCE · Hospitality Property For Sale · 32,682 SF

Howard Johnson Bt Wyndham Vero Beach I -95 Florida for sale NEW REDUCED PRICE FROM $4.5M TO $4M Located on 3.45 Acres in Vero Beach at visible I-95 exit. CG zoning. Renovated in August 2020 per PIP/Howard Johnson standards. August 2020- New interior renovations, new roof, new HVAC. All equipment owned, not leased. 15 year Franchise licensing agreement-2010 with 4 years remaining. Royalty Fee- 6.5% 63 Guest rooms, 4 Manager Apartments, and 2 Storage rooms. 45 Double Queen rooms, and 18 King rooms. All guest rooms provide conveniences like refrigerators and microwaves, plus free WiFi and TVs with satellite channels. Guests will also find coffee makers, free local calls, and hair dryers. 80 Parking spaces. The hotel is 73,034 SF and guest room portion is 25,933 SF. Average Daily Room rate- $74.45 (2018), $72.30 (2019), $73.36 (2020) Hotel Occupancy rate- 72% (2018), 61% (2019), 58.03% (2020) Located in Vero Beach at I-95 exit, close to Vero Fashion Outlets (.9 miles) and Vista Plantation Golf Club (2.8 miles), surrounded by residential communities, retail, and businesses. This hotel is within the region of Holman Stadium at Dodgertown and Vero Beach Theatre. Indian River County is a county located in the Treasure Coast region of the U.S. state of Florida. As of the 2017 census, the population was 154,383. Its seat is Vero Beach. It is Florida's 7th richest county and in 2000 was the 87th richest county in the U.S. by per capita income. Indian River County comprises the Sebastian-Vero Beach, Florida Metropolitan Statistical Area, which is included in the Miami-Fort Lauderdale-Port St. Lucie, Florida Combined Statistical Area. PLEASE DO NOT GO INTO HOTEL OR CONTACT EMPLOYEES OF HOTEL. CONTACT AGENT FOR SHOWING.