205-room DoubleTree by Hilton

• Amenities include a hot breakfast station, the Made Market, a restaurant w/bar, Wi-Fi, professional meeting rooms, and a well-equipped fitness center.
• Close to the University of Florida, the third-largest university in the state with an enrollment over 55,000 and a decorated sports program.
• Prime Gainesville location right off Interstate 75 and Florida State Road 24, a highly accessible spot approximately 15 minutes from downtown.
• Recent capital expenditures - Tours Available 10AM-2PM on Thursday, April 11th.
• The Gross Revenue is $7,029,637 and NOI $1,965,744 for the Trailing Twelve Months of March 2024.

The Kabani Hotel Group is pleased to exclusively present a rare investment opportunity on iwantBiz to acquire 3726 SW 40th Boulevard, a renovated, 205-room DoubleTree by Hilton with strong cash flow and an excellent location right off Interstate 75 in Gainesville, Florida. This beautiful hotel was constructed in 1986 and underwent extensive renovations to bring new life and energy to the property. The property features a porte-cochère, ample parking, a vibrant courtyard with lush tropical landscaping, a luxurious pool, and more. Interior amenities include a hot breakfast station, the Made Market convenience store, an on-site restaurant with a bar, Wi-Fi, professional meeting rooms, and a well-equipped fitness center.
Financing is available. Please contact Robert Bhat at (786) 522-7092 or email them at robert.bhat@marcusmillichap.com for more information.

3726 SW 40th Boulevard has a prime location just off Interstate 75 and Florida State Road 24, approximately 15 minutes from downtown Gainesville and less than 10 minutes from the University of Florida. This property has the perfect location for Gainesville tourists looking to reside outside of the downtown college atmosphere while remaining near the university and having easy access to downtown. The immediate area has a wealth of restaurants and retailers, including popular names like Target, Chick-fil-A, Publix, Aldi, Trader Joe's, Whole Foods, Olive Garden, Outback Steakhouse, and countless more. The property is close to Celebration Pointe, an open-air plaza with retail shops, restaurants, a movie theater, and green space.

The DoubleTree Gainesville at 3726 SW 40th Boulevard is an excellent investment offering with strong in-place NOI and a highly accessible, amenity-rich location.

Suraj Dalal

+1 786-772-0718