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6135 Youngerman Cir
Jacksonville, FL 32244
Quality Inn Orange Park Jacksonville · Hospitality Property For Sale
·
44,390 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2018 |
| Building Class | B | Parking Ratio | 3.13/1,000 SF |
| Lot Size | 2.85 AC | Corridor | Exterior |
| Building Size | 44,390 SF | ||
| Zoning | PUD, County | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.85 AC |
| Building Size | 44,390 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2018 |
| Parking Ratio | 3.13/1,000 SF |
| Corridor | Exterior |
| Zoning | PUD, County |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
ABOUT 6135 YOUNGERMAN CIR , JACKSONVILLE, FL 32244
The Quality Inn Orange Park Jacksonville is a 121-room exterior corridor asset located in Jacksonville, FL. The property is concrete block construction, with a pre-stressed concrete roof, and wood frame interior elements. The property was built in 1986 as a Hampton Inn. The current owner purchased the property in 2016 as a highly distressed asset, with nearly half the rooms shut down or in need of serious renovation. The sellers recently completed a total renovation of the property in 2018. Carpets, case goods, mattresses, A/Cs, and TVs have all been replaced since 2016. Post-renovation the property doubled revenue figures and had sustained high levels of income until Covid-19 forced a slowdown. In 2020 the property performed well and continued to pay debt service and generate income for the owners. There is a CMBS loan in place on the property that must be assumed as part of the sale. There should be little to no PIP for this property as it meets current brand standards for Quality Inn.
PROPERTY TAXES
| Parcel Number | 100705-0825 | Improvements Assessment | $1,914,856 |
| Land Assessment | $1,267,444 | Total Assessment | $3,182,300 |
PROPERTY TAXES
