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La Quinta Inn by Wyndham Pensacola 7750 Davis Hwy 130 Room Hotel Pensacola, FL 32514 $5,500,000 ($42,308/Room)
INVESTMENT HIGHLIGHTS
- Absentee-owned and managed - opportunity for a hands-on owner to increase overall operations.
- Over $888,000 in renovations have been completed since 2021.
- Ideally situated within close proximity to Interstate-10, providing ease of access and displaying excellent signage to commuters.
- Choice Hotels will provide $650,000 in key money ($5,000/room) for the property’s conversion to a Quality Inn.
- Located directly off of North Davis Highway, a main thoroughfare of Pensacola that provides ease of access and displays excellent signage to commuters
- The section of North Davis Highway closest to the property has an Average Annual Daily Traffic (AADT) count of approximately 67,000 vehicles per day.
EXECUTIVE SUMMARY
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 130-room La Quinta Inn, located in Pensacola, Florida. The property is a three-story, limited-service hotel that is directly off of North Davis Highway and conveniently located within close proximity Interstate-10, providing ease of access to commuters along Pensacola’s main thoroughfare and expressway. The property also presents the opportunity to either continue operating as a La Quinta, or reposition/convert the hotel to a Quality Inn or Travelodge. Additionally, with its proximity to Pensacola International Airport, the University of West Florida, major medical facilities, and the area’s renowned beaches, the hotel is strategically located to capture a diverse range demand generators. The La Quinta Inn by Wyndham Pensacola offers investors the opportunity to acquire a 130-room property in an established and growing market with exceptional upside opportunity.
PROPERTY FACTS
| Price | $5,500,000 | Building Size | 53,748 SF |
| Price Per Room | $42,308 | No. Rooms | 130 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1985/2011 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.84/1,000 SF |
| Lot Size | 1.85 AC | Corridor | Exterior |
| Zoning | BAN - Bridge Avenue North | ||
| Price | $5,500,000 |
| Price Per Room | $42,308 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.85 AC |
| Building Size | 53,748 SF |
| No. Rooms | 130 |
| No. Stories | 3 |
| Year Built/Renovated | 1985/2011 |
| Tenancy | Single |
| Parking Ratio | 1.84/1,000 SF |
| Corridor | Exterior |
| Zoning | BAN - Bridge Avenue North |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $114.00 | - |
| Guest Room | 128 | $92.00 | - |
PROPERTY TAXES
| Parcel Number | 18-1S-30-5201-004-015 | Improvements Assessment | $2,096,428 |
| Land Assessment | $407,000 | Total Assessment | $2,503,428 |
PROPERTY TAXES
Parcel Number
18-1S-30-5201-004-015
Land Assessment
$407,000
Improvements Assessment
$2,096,428
Total Assessment
$2,503,428
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La Quinta Inn by Wyndham Pensacola | 7750 Davis Hwy
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