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Property Detail

3340 W US Hwy 90, Lake City, FL 32055, USA
64 rooms and located off an interstate exit
$4,700,000

Description

INVESTMENT HIGHLIGHTS

  • Value add strategy
  •  
  • 64 rooms and located off an interstate exit, offering substantial revenue potential
  •  
  • 15 fully renovated rooms aligning with modern trends
  • Interstate frontage with high visibility and easy accessibility
  •  
  • Spacious pool area including picnic tables and lounge chairs
  •  
  • Potential for further enhancement and expansion of amenities and services to attracts wider customer base

EXECUTIVE SUMMARY

Premier Commercial Group is proud to present a motel investmentopportunity located in Lake City, FL. Conveniently situated on a 1.61acre lot with interstate frontage, Howard Johnson Lake City offers high visibility and accessibility, ideal for attracting passing motorists seeking lodging. This two-story motel boasts 64 rooms,accommodating a moderate number of guests, with 15 roomsrecently renovated to align with modern trends. Guests can enjoy complimentary breakfast in the breakfast lobby and make use of recreational facilities like the spacious pool area with picnic table sand lounge chairs. Its prime location off the interstate exit ensureseasy access for travelers, positioning it as a top choice forconvenient overnight stays. With competitive rates, ample amenities, and a commitment to quality accommodation, Howard Johnson Lake City presents promising potential for both transient travelers and those seeking longer stays in the area.
 

AMENITIES

  • Business Center
  • Pool

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite2$104.00-
Guest Room62$84.00

 

PROPERTY TAXES

 

 

Vincent DiMenna

+1 850-666-1552

 

Specification

General

  • 41018
  • 1.6100
  • Investment
  • C-1
  • 1964
  • 64

Hospitality

Howard Johnson Lake City

# 289

SKU: 289

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