701 E Fletcher Ave
Tampa, FL 33612
Days Inn Tampa · Hospitality Property For Sale · 104,583 SF

The Days Inn is a 255-room recently renovated hotel situated near Busch Gardens in Tampa, Florida. This hotel was recently converted into a Days Inn and remains the only one in the area. During the conversion process, the entire property was renovated to the brand standards. The renovation was completed early 2014. Everything in this property was upgraded with no expense spared, from a new roof to an updated pool, this hotel is well positioned to dominate the Tampa market north of Busch Gardens. The Days Inn is an excellent turn-key opportunity with significant upside for an hotelier. A new owner can immediately take advantage of the immense renovation to drive ADR and occupancy. This hotel draws from a wide array of local demand drivers, from Busch Gardens to Tampa International Airport. Other demand drivers include the many local golf courses, area beaches, Tampa Convention Center, and downtown Tampa. The substantial parking on-property allows easy access for truckers on I-275 and RV's. The visibility and access from I- 275 is incredible as well. Current ownership is currently leaving significant local demand on the table. A hands-on owner operator can continue to increase occupancy with a revision to the no-cash policy. Even with the sub 60% occupancy level, the current owner maintains a very high profit ratio. This trend is expected to continue for an owner / operator. Investment Highlights " 255 Hotel Rooms " Newly Renovated " Excellent Visibility and Access from I-275 " Over Three Acres of Land " Steady Increases in Room Revenue and Net Operating Income Since Renovation " Available Below Replacement Cost