3720 SW College Rd | Ocala, FL 34474
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- LoopNet Team
3720 SW College Rd
Ocala, FL 34474
Country Inn & Suites by Radisson Ocala · Hospitality Property For Sale
·
38,590 SF
INVESTMENT HIGHLIGHTS
- Property is currently and has been outperforming its competitive set in Occupancy, Average Daily Rate (ADR) and RevPAR over the past three years.
- Compact building with smaller footprint should equate to less overhead/expenses to operate.
- (AADT) count of approximately 76,000 vehicles per day.
- Property underwent a full Gen-4 Property Improvement Plan (PIP) in 2018. Minimal PIP / renovation costs expected for a new owner.
- Property is directly off of Interstate 75. The section Southwest College Road and Southwest 34th Court Southeast has an Average Annual Daily Traffic
- Located 1.2 miles from the College of Central Florida Ocala, an institution which has a total enrollment of over 7,000 students.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 2002/2018 |
| Building Class | B | Tenancy | Single |
| Lot Size | 0.83 AC | Parking Ratio | 1.68/1,000 SF |
| Building Size | 38,590 SF | Corridor | Interior |
| Zoning | B2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.83 AC |
| Building Size | 38,590 SF |
| No. Stories | 5 |
| Year Built/Renovated | 2002/2018 |
| Tenancy | Single |
| Parking Ratio | 1.68/1,000 SF |
| Corridor | Interior |
| Zoning | B2 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 23799-000-07 | Improvements Assessment | $4,363,164 |
| Land Assessment | $524,248 | Total Assessment | $4,887,412 |
PROPERTY TAXES
Parcel Number
23799-000-07
Land Assessment
$524,248
Improvements Assessment
$4,363,164
Total Assessment
$4,887,412
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