4375 Lakeland Park Dr
Lakeland, FL 33809
Baymont Inn & Suites Lakeland · Hospitality Property For Sale
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29,340 SF
Investment Highlights
- Situated Directly off Interstate 4 Between Tampa and Orlando
- Situated near Multiple Diverse Demand Generators
- 50 Miles from Orlando
- 2000 Construction / Interior Corridor Hotel / Three Stories
- 36 Miles from Tampa
- Year 1 Projected Room Revenue of $1,565,120
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2000/2013 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.73 AC | Parking Ratio | 2.43/1,000 SF |
| Building Size | 29,340 SF | Corridor | Interior |
| Zoning | C-2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.73 AC |
| Building Size | 29,340 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2000/2013 |
| Tenancy | Single |
| Parking Ratio | 2.43/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 4375 LAKELAND PARK DR , LAKELAND, FL 33809
Property Highlights: • 67-Room Baymont by Wyndham • 2000 Construction / Interior Corridor Hotel / Three Stories • Situated near Multiple Diverse Demand Generators • Ideal Room Count for an Owner-Operator • On-Site Amenities Include an Outdoor Pool, Complimentary Breakfast, Breakfast Seating Area, Fitness Center, Business Center, Meeting Space, Banquet Space and Bus/Truck Parking Location Highlights: • Situated Directly off Interstate 4 Between Tampa and Orlando • 12 Miles from Lakeland Linder International Airport • 14 Miles from Auburndale Speedway • 31 Miles from Walt Disney World Resort • 36 Miles from Tampa • 50 Miles from Orlando • Located in the Lakeland-Winter Haven Metropolitan Statistical Area Financial Highlights: • Year 1 Projected Room Revenue of $1,565,120 • Year 1 Projected NOI of $503,893 • 2022 Room Revenue of $1,334,473 • 2019 Occupancy - Ranked 6 of 6 • 2019 ADR - Ranked 6 of 6 • 2019 RevPAR - Ranked 6 of 6
Property Taxes
| Parcel Number | 24-27-31-164501-000010 | Improvements Assessment | $3,259,985 |
| Land Assessment | $904,296 | Total Assessment | $2,406,789 |
Property Taxes
