3835 W Silver Springs Blvd
Ocala, FL 34482
Candlewood Suites Hotel Site · Land For Sale · 4.22 AC

Marcus and Millichap is pleased to announce exciting offer to acquire the Candlewood hotel development project in Ocala, Florida.The project on Silver Spring Boulevard, Ocala proposes 72 Rooms, four story hotel. The franchise flag Candlewood Suites is approved by IHG for this project. The Property is located off of I-75 and Highway 40 with minimal frontage along Highway 40. There is a Denny’s Diner in front of the Property, however it is still visible from both cross streets. As per location of the hotel which is centrally located to major attractions like marveling at some of the worlds finest thoroughbreds at one of the 400 horse farms in the area, admiring the architecture in the Ocala Historic District or tracing the history of drag racing at the Don Garlits Museum of Drag Racing. This Ocala, Florida property is also convenient to a variety of springs that offer swimming and tubing, as well as hiking trails and zip lines. The property is also eight miles away from Appleton Museum of Art and nine miles from Wild Waters water park. The hotel development property is well positioned near Interstate 75, the main route through Ocala, providing accessibility for commuters traveling both northbound and southbound. Interstate 75 is the main connecting thoroughfare between Orlando and Gainesville. Ocala is nationally recognized as a premier equestrian destination. The hotel development land provides the opportunity for a new owner to recognize additional value through increased RevPAR penetration.