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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 | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1972/1999 |
Building Class | C | Parking Ratio | 2.07/1,000 SF |
Lot Size | 2.67 AC | Corridor | Exterior |
Building Size | 72,000 SF |
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
Links
PROPERTY TAXES
Parcel Number | 087520-0000 | Improvements Assessment | $2,606,135 |
Land Assessment | $953,964 | Total Assessment | $3,560,099 |
PROPERTY TAXES
zoning
Zoning Code | CHT |
CHT |
Learn More About Investing in Hospitality Properties
Listing ID: 18365932
Date on Market: 1/31/2020
Last Updated:
Address: 2535 State Road 16, Saint Augustine, FL 32092