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This Hospitality Property is no longer advertised on LoopNet.com.

2226 Highway 71
Marianna, FL 32448
Super 8 by Wyndham Marianna · Hospitality Property For Sale · 30,235 SF

INVESTMENT HIGHLIGHTS

  • • 47-Rooms / 2 Stories • PIP Completed in 2022 • Minimal PIP
  • • 6.0 Miles to Chipola College • 8.9 Miles from Florida Caverns State Park
  • • Year 1 Projected NOI / Cap Rate: $272,000 / 8.5% • Year 1 Projected Room Revenue / RRM: $789,864 / 4.05x
  • • 1999 Concrete Construction • Situated on 1.99+/- Acres
  • • 66 Miles from Tallahassee • 69 Miles to Panama City Beach
  • • YE 2023 ADR $64.71 and YE 2023 Occupancy 65%

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.99 AC
Building Size 30,235 SF
No. Stories 2
Year Built/Renovated 1999/2005
Parking Ratio 1.28/1,000 SF
Corridor Exterior
Zoning C-1 - Neighborhood Commercial Zone

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-4N-10-0000-0100-0000
Land Assessment
$632,796
Improvements Assessment
$1,269,037
Total Assessment
$1,901,833
  • Listing ID: 32124512

  • Date on Market: 6/13/2024

  • Last Updated:

  • Address: 2226 Highway 71, Marianna, FL 32448

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