2900 SW 13th St
Gainesville, FL 32608
Stayable Select Gainesville · Hospitality Property For Sale · 140,454 SF

Property Tour and Contact Detail Information: Property Inspection Tours will be conducted by appointment only and are scheduled each Thursday and Friday between October 26th through November 10th. To schedule a tour, please contact Steve Taylor at 561-801-5178 or steve.taylor@hunterhotels.net. Thursday, October 26 Friday, October 27 Thursday, November 2 Friday, November 3 Thursday, November 9 Friday, November 10 Investment Highlights: Highly Visible Location Close to Demand Generators Significant Revenue and NOI Upside Potential Following Completion of Renovation Attractive Owner/Operator Opportunity Attractive Value Per Key Well Below Replacement Costs Full-Service Hotels: High Demand, High Profits Multiple rebranding opportunities may be available Potential re-branding opportunities include Marriott, Sheraton, IHG, Radisson, Margaritaville, Red Lion, etc. Investment Overview: The Wyndham Garden Hotel is a 197-room, full service property offering a strong location 2 miles from the University of Florida campus and Ben Hill Griffin Stadium (90,000 seating capacity). The property originally opened in 1974 and current ownership is finalizing an approxi The property originally opened in 1974 and current ownership is finalizing an approximate $2.3M renovation, scheduled for completion in October 2017 and improving virtually every aspect of the property including all guest impact zones. The Wyndham's SW 13th Street location is one of Gainesville's primary thoroughfares and one of its most densely developed commercial corridors. Businesses in the region either cater to or are heavily reliant on the students and faculty at University of Florida and additional demand generators in the area include UF Healthcare/ Shands Hospital, Malcolm Randall VA Medical Center, the Northern District of Florida Courthouse, Florida Farm Bureau Insurance, Nationwide Insurance, and CH2MHill to name a few. Potential re-branding opportunities include Marriott, Sheraton, IHG, Radisson, Margaritaville, Red Lion, etc. Boasting the largest function space in the market, the Wyndham is ideally situated to attract State and regional Association as well as corporate and SMERF group markets' business. The Wyndham is underperforming as its operations have been significantly impacted by construction / displacement due to the $2.3M in renovations program undertaken by