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12260 Morris Bridge Rd
Tampa, FL 33637
Fairfield Inn & Suites Tampa North · Hospitality Property For Sale · 82 Rooms
Investment Highlights
- Tremendous Upside Opportunity
- Projected $2.2 Million in Revenue
- Prime Location
- 2019 Property Improvement Costs (PIP) will be included in Buyer’s Price
- Property has met the Standards for Marriott Flags
- Opportunity for a New Owner to Inherit A Completely Remodeled Hotel (2019)
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 82 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1998/2019 |
| Lot Size | 4.49 AC | Tenancy | Single |
| Building Size | 43,719 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.49 AC |
| Building Size | 43,719 SF |
| No. Rooms | 82 |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2019 |
| Tenancy | Single |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Spa
About 12260 Morris Bridge Rd , Tampa, FL 33637
Built in 1998, the property is an interior corridor hotel conveniently located off I-75 and sits on 4.49 acres in the quaint suburb of Tampa. The property is currently undergoing a complete renovation. The hotel features King Suites with separate living area and beautifully appointed rooms with 2 doubles beds or 1 king bed, all accommodations distinguish the comforts of Marriott's new sleep experience program. The property benefits from many attractions and demand generators such as The Hard Rock Hotel and Casino, Channel Side, Ybor City and Tampa’s white sandy beaches. The Fairfield Inn & Suites is just three miles to the University of South Florida and only six miles to Busch Gardens and Adventure Island Amusement Park. The hotel features a 24-hour market to get snacks or beverages and 24-hour fitness room and business center. Fairfield Inn & Suites Tampa North is perfect for the business traveler or a family vacation. The property provides the opportunity for a new owner to inherit a great franchise flag with completed PIP boosting occupancy and average daily rate.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 13 | $194.00 | - |
| Guest Room | 69 | $184.00 | - |
PROPERTY TAXES
| Parcel Number | T-12-28-19-1IH-000000-00003.0 | Improvements Assessment | $4,030,069 |
| Land Assessment | $1,382,531 | Total Assessment | $5,412,600 |
PROPERTY TAXES
zoning
| Zoning Code | RMFA, Temple Terrace (Residential Multi-Family) |
| RMFA, Temple Terrace (Residential Multi-Family) |
Learn More About Investing in Hospitality Properties
