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Regency Inn 6237 Arlington Expy 142 Room Hotel Jacksonville, FL 32211 $6,000,000 ($42,254/Room)
Executive Summary
Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 150-room Regency Inn located in Jacksonville, Florida - the most populous city in the State of Florida. The property is a two-story, limited-service hotel that is conveniently located along the Arlington Expressway - one of Jacksonville's main thoroughfares that provides excellent signage and accessibility to a wide variety of Jacksonville's more notable demand generators. The asset represents a compelling value-add opportunity through strategic operational improvements, targeted capital upgrades, and revenue management optimization. Located approximately 5 miles from downtown Jacksonville, the Regency Inn offers investors the opportunity to acquire a 150-room property in a highly desirable and growing market.
Property Facts
| Price | $6,000,000 | Building Size | 73,895 SF |
| Price Per Room | $42,254 | No. Rooms | 142 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1970 |
| Property Subtype | Hotel | Parking Ratio | 1.73/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 3.24 AC | ||
| Zoning | CCG-2 - CCG-2 zoning, also known as Commercial Community/General-2, is a zoning designation in Jacksonville, Florida, primarily intended for retail, service. | ||
| Price | $6,000,000 |
| Price Per Room | $42,254 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.24 AC |
| Building Size | 73,895 SF |
| No. Rooms | 142 |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.73/1,000 SF |
| Corridor | Interior |
| Zoning | CCG-2 - CCG-2 zoning, also known as Commercial Community/General-2, is a zoning designation in Jacksonville, Florida, primarily intended for retail, service. |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 15 | $97.00 | - |
| Guest Room | 127 | $74.00 | - |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 142144-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,621,138 |
Property Taxes
Parcel Number
142144-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,621,138
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