Comfort Inn Pensacola Near NAS Corry Station | 910 N Navy Blvd
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Comfort Inn Pensacola Near NAS Corry Station 910 N Navy Blvd
127 Room Hotel Pensacola, FL 32507 $12,250,000 ($96,457/Room) 10.07% Cap Rate
Investment Highlights
- Tremendous growth year over year since opening under the Choice flag
- Recently renovated with minimal PIP
- Underperforming the comp set with continued upside potential (comp set occupancy 69% | (ADR) of $126
- Strong Market demand generators
Executive Summary
HIGHLIGHTS AND LOCATIONIdeally located just minutes from Pensacola's beautiful beaches, this 2.43-acre property offers convenient access off Interstate 10 (I-10), near Corry Station, a key training hub for the U.S. Navy's Center for Information Warfare. The hotel is just a 15-minute drive from Pensacola International Airport, which serves around 2.3 million passengers annually.
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*Naval Air Station Pensacola
*West Florida Hospital
*Sacred Heart Hospital
*University of West Florida (UWF)
*Pensacola Beach,
*Perdido Key
*Blue Wahoos Stadium
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Corporate and Industrial Presence:The nearby Pensacola International Airport serves as a hub for business travelers. Additionally, Pensacola’s growing tech industry and the presence of large companies and defense contractors generate demand for business stays. Industrial parks and corporate offices located around Davis Highway and Northwest Pensacola attract visitors for business purposes.
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FL Broker of Record
Taj Patel
Contact:P: 561.859.9739
E: Taj@HBofAmerica.com
FL DRE BK #3425856
*
*
*
*Naval Air Station Pensacola
*West Florida Hospital
*Sacred Heart Hospital
*University of West Florida (UWF)
*Pensacola Beach,
*Perdido Key
*Blue Wahoos Stadium
*
*
*
Corporate and Industrial Presence:The nearby Pensacola International Airport serves as a hub for business travelers. Additionally, Pensacola’s growing tech industry and the presence of large companies and defense contractors generate demand for business stays. Industrial parks and corporate offices located around Davis Highway and Northwest Pensacola attract visitors for business purposes.
*
*
*
*
FL Broker of Record
Taj Patel
Contact:P: 561.859.9739
E: Taj@HBofAmerica.com
FL DRE BK #3425856
Property Facts
| Price | $12,250,000 | Lot Size | 2.43 AC |
| Price Per Room | $96,457 | Building Size | 57,561 SF |
| Sale Type | Investment | No. Rooms | 127 |
| Cap Rate | 10.07% | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2003/2021 |
| Property Subtype | Hotel | Parking Ratio | 1.3/1,000 SF |
| Building Class | B | Corridor | Interior |
| Price | $12,250,000 |
| Price Per Room | $96,457 |
| Sale Type | Investment |
| Cap Rate | 10.07% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.43 AC |
| Building Size | 57,561 SF |
| No. Rooms | 127 |
| No. Stories | 3 |
| Year Built/Renovated | 2003/2021 |
| Parking Ratio | 1.3/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $90.00 | - |
| Guest Room | 125 | $81.00 | - |
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PROPERTY TAXES
| Parcel Number | 37-2S-30-2003-000-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,698,703 |
PROPERTY TAXES
Parcel Number
37-2S-30-2003-000-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,698,703
zoning
| Zoning Code | HC/LI (Heavy Commercial/Light Industrial) |
| HC/LI (Heavy Commercial/Light Industrial) |
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Subhash Naik -
Corina Palekar -
Taj Patel -
Hotel Brokers of America
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Comfort Inn Pensacola Near NAS Corry Station | 910 N Navy Blvd
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