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4056 Tamiami Trl
Port Charlotte, FL 33952
Microtel Inn & Suites by Wyndham Port Charlot · Hospitality Property For Sale
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34,853 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2008/2017 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.78 AC | Parking Ratio | 2.7/1,000 SF |
| Building Size | 34,853 SF | Corridor | Interior |
| Zoning | CG | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.78 AC |
| Building Size | 34,853 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2008/2017 |
| Tenancy | Single |
| Parking Ratio | 2.7/1,000 SF |
| Corridor | Interior |
| Zoning | CG |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
ABOUT 4056 TAMIAMI TRL , PORT CHARLOTTE, FL 33952
Property Highlights: • 86-Room, Three Story, Interior Corridor Microtel Inn & Suites by Wyndham • Ranked by TripAdvisor as #2 of 8 Hotels in Port Charlotte • TripAdvisor Certificate of Excellence Award Winner • Year Built - 2008 • $850,000+/- in Renovations Between 2014 - 2017 • Meeting Facilities - 100 Guests Capacity • Outdoor Heated Pool with Lounge Area Location Highlights: • Close Proximity to Several Leisure and Corporate Demand Generators • High Growth Market • Superior Property Positioning within Port Charlotte • One Mile from Charlotte Harbor and Peace River • Two Miles from Port Charlotte Beach Park • Four Miles from Interstate 75 • Seven Miles from Punta Gorda Airport • Seven Miles from Charlotte Sports Park (Tampa Bay Rays Spring Training) Financial Highlights: • 10.41% Cap Rate | NOI of $746,857 • 3.38x RRM | Room Revenue of $2,120,037 • $83,430 Price Per Key • Ranked 4 of 6 in RevPAR Compared to Competitive Set Allowing for Significant Upside in Occupancy and ADR Growth
PROPERTY TAXES
| Parcel Number | 402223380008 | Improvements Assessment | $4,121,852 |
| Land Assessment | $1,055,822 | Total Assessment | $5,177,674 |
PROPERTY TAXES
