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2476 Citrus Blvd
Leesburg, FL 34748
Sleep Inn Leesburg Chain of Lakes · Hospitality Property For Sale · 29,756 SF

INVESTMENT HIGHLIGHTS

  • Growing Revenue & Upside - The Hotel’s revenue rose to $1,450,000 in 2024 from $1,200,000 in 2023, more than a 20% YOY increase.
  • Amenities – Hotel includes an Outdoor Pool, Restaurant, Meeting Event Space, Business and Fitness Center for guests to enjoy during their stay.
  • Strong Brand Recognition – Sleep Inn is a recognizable and established brand within Choice Hotels International, Inc.
  • Value-Add Potential – There remains substantial upside potential, as the property currently ranks 4 out of 5 in RevPAR within its Competitive Set.
  • Strong Demand Drivers – Leesburg is known for its demand drivers, including a steady influx of interstate travel, a thriving retirement community.
  • Tourist Destination – Located just outside the Orlando Hospitality Market, which is home to destination hotspots including Walt Disney World.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.24 AC
Building Size 29,756 SF
No. Stories 4
Year Built/Renovated 2001/2021
Tenancy Single
Parking Ratio 2.29/1,000 SF
Corridor Interior
Zoning C-3 - Highway Commercial

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-19-24-0150-001-00300
Land Assessment
$501,247
Improvements Assessment
$3,283,126
Total Assessment
$3,784,373
  • Listing ID: 33046891

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 2476 Citrus Blvd, Leesburg, FL 34748

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