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3655 Cheney Hwy
Titusville, FL 32780
Quality Inn Kennedy Space Center · Hospitality Property For Sale · 53,903 SF

Investment Highlights

  • Situated near Multiple Diverse Demand Generators
  • Situated on Approximately 3.17+/- Acres of Land
  • 2019 RevPAR Index of 100.3%
  • Offered at a 3.53x Room Revenue Multiplier (YE 2019)
  • Offered at $67,949 Per Key
  • Located in the Palm Bay-Melbourne-Titusville Metropolitan Statistical Area

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.17 AC
Building Size 53,903 SF
No. Stories 2
Year Built/Renovated 1970/2021
Tenancy Single
Parking Ratio 2.5/1,000 SF
Corridor Exterior
Zoning T

Amenities

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

About 3655 CHENEY HWY , TITUSVILLE, FL 32780

Property Highlights: • 117-Room Quality Inn, by Choice Hotels • Situated on Approximately 3.17+/- Acres of Land • Two-Story Exterior Corridor, Limited-Service Hotel • On-Site Amenities Include an Outdoor Heated Pool, Free “Grab n Go” Breakfast, In Room Safe, Premium WiFi, FEMA Approved • Situated near Multiple Diverse Demand Generators Location Highlights: • Situated Directly off Interstate 95 • 7 Miles from Space View Park • 11 Miles from Kennedy Space Center • 23 Miles from Port Canaveral • 29 Miles from Cocoa Beach • 50 Miles from Walt Disney World • Located in the Palm Bay-Melbourne-Titusville Metropolitan Statistical Area Financial Highlights / Projections: • List Price of $7,950,000 • 2019 Room Revenue of $2,454,322 • T12-May 2022 Room Revenue of $2,252,410 • Offered at a 3.53x Room Revenue Multiplier (T12-May 2022) • Year 1 Projected NOI of $869,042 • Offered at $67,949 Per Key

Property Taxes

Property Taxes

Parcel Number
22-35-30-AV-00000.0-0070.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,000,670
  • Listing ID: 24611348

  • Date on Market: 12/6/2021

  • Last Updated:

  • Address: 3655 Cheney Hwy, Titusville, FL 32780

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