Only $50k per unit!
*Seller Financing considered for qualified buyers*
Unique investment offering of 2-story, concrete block, 100 unit property + pool and pole signage located at heavily-traveled interchange of I-295 and Blanding Blvd. High-visibility pole signage visible from I-295 with FDOT traffic count of 73,500 daily is located at southeast quadrant of Blanding Blvd and I-295, which is primary entrance into city of Orange Park, with Blanding Blvd receiving over 78,000 average daily vehicle trips.
The property is former Super 8 and is currently operated as an independent and can be rebranded for hospitality, or possibly converted to Senior Living or Apartment uses.
Property is walkable to public transportation, gas, grocery & convenience stores, as well as nearly every class of retail and service vendor along Blanding Blvd. The property is also proximate to the Argyle Forest Shopping Center, Publix, Starbucks, Wendy's, Olive Garden, Teds Montana Grill, Orange Park Mall, and many many additional retailers.
Survey, building plans, zoning & land use summary and property records are all on file, as well as STR custom trend report (2022 STR Year End Competitive Supply Stats - $106.40 ADR, 67.4% Occ, $71.74 RevPar) for performance statistics of competitive hospitality properties.