This Hospitality Property is no longer advertised on LoopNet.com.

5981 Okeechobee Blvd
West Palm Beach, FL 33417
La Quinta Inn by Wyndham West Palm Beach · Hospitality Property For Sale · 41,703 SF

Investment Highlights

  • PROVEN OPERATIONS - The La Quinta Inn has a proven track record of financial success, generating room revenue exceeding $3.5 million.
  • PRIME LOCATION NEAR DEMAND DRIVERS - The La Quinta Inn West Palm Beach is strategically located near Palm Beach International Airport
  • LIMITED NEW SUPPLY - Only one hotel is under construction in the West Palm Beach Submarket (1.7% Expansion).
  • POTENTIAL FOR OPERATIONAL IMPROVEMENT - New ownership can improve the Hotel’s operations, implement strategic cost management, and maximize revenue
  • STRONG BRAND RECOGNITION - La Quinta Inn is a well-recognized and respected brand within the Wyndham Hotels & Resorts portfolio

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.95 AC
Building Size 41,703 SF
No. Stories 4
Year Built/Renovated 1988/2008
Tenancy Single
Parking Ratio 3.12/1,000 SF
Corridor Exterior
Zoning CG

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Property Taxes

Property Taxes

Parcel Number
00-42-43-23-00-000-7090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,057,926
  • Listing ID: 32670739

  • Date on Market: 8/2/2024

  • Last Updated:

  • Address: 5981 Okeechobee Blvd, West Palm Beach, FL 33417

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