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- LoopNet Team
CR 106
Oxford, FL 34484
WoodSpring Suites Development Opportunity · Land For Sale
·
2.82 AC
Investment Highlights
- Shovel ready development project for a 122-room WoodSpring Suites
- Sumter County has one of the lowest tax rates in Florida and some of the most affordable labor, land, water, and electricity in the state.
- Fully Entitled and Franchise Approved Site Package
Property Facts
Description
• Fully Entitled and Franchise Approved Site Package for 4 Story – 51,945 SF – 122 Room Woodspring Suites Hotel • A&E and Civil Site Plans • Third Party Reports: ALTA NSPS Survey, Geotechnical Report, Phase I ESA, Civil Engineering Site Evaluation Summary Report and Utilities Locate Report • Utility Will Serve Letters: Electric, Gas, Water, Wastewater, and Internet/TV/Phone • Market Analysis and Operating Projections • Construction Bids, Project Pricing, and General Contractor A104 & A201 Agreements by DI Construction, LLC • Construction Administration Services B105 Agreement by Hospitality Architects, LLC • Permits to be ready for issuance Q1 2023 – buyer pays all applicable permit, impact, tap fees, and other development fees
Property Taxes
| Parcel Number | D17-060 | Improvements Assessment | $49,730 |
| Land Assessment | $611,940 | Total Assessment | $661,670 |
Property Taxes
