This Hospitality Property is no longer advertised on LoopNet.com.
3130 Hartley Rd
Jacksonville, FL 32257
Ramada by Wyndham Jacksonville Hotel · Hospitality Property For Sale
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108,305 SF
INVESTMENT HIGHLIGHTS
Historically in 2018, the property produced $3,268,800 in room revenue and $6,848,503 in gross revenue.
In addition, the property could be ideal for conversion purposes with the CCG-1 zoning, giving the land many uses outside of hospitality.
Major traffic is derived from the Naval Base across the St. John’s River.
In 2019, the hotel achieved a gross revenue of $6,824,920. and despite the health crisis, the gross revenue has stayed resilient at $3,295,818.
The 150-key hotel also has the opportunity to be converted and expanded into a 158-key hotel.
Property is equipped with a full commercial grade kitchen and multiple banquet halls ranging from 800 SF to over 3900 SF, Totaling 10,000 SF.
PROPERTY FACTS
Property Type
Hospitality
Property Subtype
Hotel
Building Class
C
Lot Size
7.33 AC
Building Size
108,305 SF
No. Stories
2
Year Built
1984
Parking Ratio
2.77/1,000 SF
Corridor
Exterior
AMENITIES
Business Center
Fitness Center
High Speed Internet Access
On-Site Bar
Meeting Event Space
Smoke-Free
PROPERTY TAXES
Parcel Number
155929-0000
Improvements Assessment
$4,887,138
Land Assessment
$4,984,462
Total Assessment
$9,871,600
ZONING
Zoning Code
CCG-1 (CCG-1: Zoning allows for Assisted living, veteran homes, limited multifamily, retail space, corporate offices, etc.)