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Best Western Apalach Inn 249 US Highway 98 44 Room Hotel Apalachicola, FL 32320 $5,000,000 ($113,636/Room)
Executive Summary
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 44-room Best Western Apalach Inn, located in Apalachicola, Florida. The property is a two-story, limited-service, recently renovated hotel that is located directly off of US Highway 98, providing ease of access to commuters along one of Apalachicola’s main thoroughfares. This well-maintained property offers both steady cash flow and long-term growth potential. The Best Western Apalach Inn offers investors the opportunity to acquire a 44-room property in an growing market.
Property Facts
| Price | $5,000,000 | Building Size | 21,758 SF |
| Price Per Room | $113,636 | No. Rooms | 44 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1997/2024 |
| Property Subtype | Hotel | Parking Ratio | 2.62/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 2.73 AC | ||
| Zoning | C-3 - Highway Commercial | ||
| Price | $5,000,000 |
| Price Per Room | $113,636 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.73 AC |
| Building Size | 21,758 SF |
| No. Rooms | 44 |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2024 |
| Parking Ratio | 2.62/1,000 SF |
| Corridor | Exterior |
| Zoning | C-3 - Highway Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $304.00 | - |
| Guest Room | 42 | $204.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-09S-08W-8360-0005-0150 | Improvements Assessment | $1,048,952 |
| Land Assessment | $496,000 | Total Assessment | $1,544,952 |
Property Taxes
Parcel Number
01-09S-08W-8360-0005-0150
Land Assessment
$496,000
Improvements Assessment
$1,048,952
Total Assessment
$1,544,952
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Best Western Apalach Inn | 249 US Highway 98
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