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Quality Inn University North I 75 Gainesville 7516 W Newberry Rd 101 Room Hotel Gainesville, FL 32606 For Sale
INVESTMENT HIGHLIGHTS
- Underperforming on STR Comp Set By 18%
- Zoning Allows For 202 Room Student Housing Redevelopment Play
- Operated By An Absentee Owner With No Management Company
- Property Has Accommodated Non-Revenue Construction Employees Working On Nearby Ownership Projects
EXECUTIVE SUMMARY
Kabani Hotel Group, as the exclusive representative of the seller, is pleased to present the Quality Inn University North I-75 for sale. This 101-room exterior corridor hotel is ideally situated with direct access to Interstate 75 and is just minutes from the University of Florida and the Oaks Mall, benefiting from the strong demand generated by one of the nation’s most recognized public universities.
With absentee ownership and no professional management in place, the hotel has significantly underperformed, presenting a compelling value-add opportunity for a new investor or owner-operator to implement active management, optimize operations, and reposition the asset to capture the area’s strong lodging demand. The property has accomodated non-revenue construction employees working on nearby ownership projects.
Additionally, the parcel has received zoning approval for redevelopment into a 202-unit student housing project, providing prospective buyers with significant optionality for future use.
With absentee ownership and no professional management in place, the hotel has significantly underperformed, presenting a compelling value-add opportunity for a new investor or owner-operator to implement active management, optimize operations, and reposition the asset to capture the area’s strong lodging demand. The property has accomodated non-revenue construction employees working on nearby ownership projects.
Additionally, the parcel has received zoning approval for redevelopment into a 202-unit student housing project, providing prospective buyers with significant optionality for future use.
DATA ROOM Click Here to Access
- STR
- Stats Report
- Zoning Code
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 101 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1972 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.42 AC | Parking Ratio | 2.16/1,000 SF |
| Building Size | 46,292 SF | Corridor | Exterior |
| Zoning | BH | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.42 AC |
| Building Size | 46,292 SF |
| No. Rooms | 101 |
| No. Stories | 2 |
| Year Built | 1972 |
| Tenancy | Single |
| Parking Ratio | 2.16/1,000 SF |
| Corridor | Exterior |
| Zoning | BH |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $154.00 | - |
| Guest Room | 99 | $124.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,634,791 | |
| Land Assessment | $4,137,932 | Total Assessment | $6,772,723 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,137,932
Improvements Assessment
$2,634,791
Total Assessment
$6,772,723
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Quality Inn University North I 75 Gainesville | 7516 W Newberry Rd
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