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2535 State Road 16
Saint Augustine, FL 32092

Howard Johnson & Econo Lodge St.Augustine · Hospitality Property For Sale · 72,000 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.67 AC
Building Size 72,000 SF
No. Stories 2
Year Built/Renovated 1972/1999
Parking Ratio 2.07/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

About 2535 State Road 16 , Saint Augustine, FL 32092

CBRE Hotels is the exclusive advisor with respect to the fee-simple sale of the 73-room Howard Johnson by Wyndham Worldwide and the 70-room Econo Lodge by Choice Hotels, located in renowned St. Augustine, Florida. The Hotels are situated on a 3.65-acre parcel and benefit from an excellent location just off Interstate 95 , the main highway connecting Florida north to south, and within 10 miles of historic downtown St. Augustine. The Hotels are also within an hour drive to Jacksonville, Jacksonville International Airport, JAXPORT, multiple military bases and the significant demand generators from corporate and hospital business. The Howard Johnson and Econo Lodge are offered unencumbered of management and have significant upside potential as they ramp up from the recent branding and renovation. The Hotels were renovated within the last 18 months and dual-branded with the Econo Lodge by Choice Hotels and Howard Johnson by Wyndham to allow a new owner to capitalize on an expanded reservation system from two of the largest brands in the world. They are located on the northwest corner of the St. Augustine exit of I-95, next to the St. Augustine Premium Outlets, and within 10 miles of the City’s main attractions- Historic St. Augustine and the beach. Contact CBRE to inquire and schedule any tours. DO not disturb management. BROKERS CONTACT CBRE Listing Advisors to Register your Principal. www.CBREHojoEcono.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
087520-0000
Land Assessment
$953,964
Improvements Assessment
$2,606,135
Total Assessment
$3,560,099

zoning

Zoning Code CHT
CHT
  • Listing ID: 18365932

  • Date on Market: 1/31/2020

  • Last Updated:

  • Address: 2535 State Road 16, Saint Augustine, FL 32092

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