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3340 W US Highway 90
Lake City, FL 32055
Howard Johnson Lake City · Hospitality Property For Sale · 35,264 SF

Investment Highlights

  • 64-Room Howard Johnson by Wyndham
  • Significant Upside Due to Recent Renovation
  • Offered at $39,843 Per Key
  • Comprised of 40 Interior Corridor Rooms and 24 Exterior Corridor Rooms
  • Situated Directly Off of Interstate 75 Near Interstate 10
  • Room for Growth in RevPAR - Currently Ranked 4 of 4

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.61 AC
Building Size 35,264 SF
No. Stories 2
Year Built/Renovated 1964/2019
Parking Ratio 2.04/1,000 SF
Corridor Exterior
Zoning CHI

Amenities

  • High Speed Internet Access
  • Public Access Wifi

About 3340 W US HIGHWAY 90 , LAKE CITY, FL 32055

Property Highlights: • 64-Room Howard Johnson by Wyndham • Comprised of 40 Interior Corridor Rooms and 24 Exterior Corridor Rooms • Minimal Change of Ownership PIP • Significant Upside Due to Recent Renovation • Ideal Room Count for an Owner-Operator • 2 Apartments Located On-Site Location Highlights: • Situated Directly Off of Interstate 75 Near Interstate 10 • High Visibility from I-75 • 45 Miles from Gainesville, FL • 60 Miles from Jacksonville, FL • 100 Miles from Tallahassee Financial Highlights: • Offered at $39,843 Per Key • Significant Upside in Increasing Occupancy • Room for Growth in RevPAR - Currently Ranked 4 of 4

Property Taxes

Property Taxes

Parcel Number
35-3S-16-02564-001
Land Assessment
$702,670
Improvements Assessment
$677,186
Total Assessment
$1,379,856
  • Listing ID: 17148995

  • Date on Market: 9/9/2019

  • Last Updated:

  • Address: 3340 W US Highway 90, Lake City, FL 32055

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