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215 Commerce Blvd Midway, FL 32343

67-key Comfort Inn & Suites, fully renovated.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a fully renovated 67-key Comfort Inn & Suites hotel in Midway, Florida. Strategically located off I-10, this three-story, 2008-built property enjoys high visibility and easy access to major roadways. A comprehensive renovation completed in June 2023 includes all-new furniture throughout the 67 units, ensuring a modern and comfortable guest experience. The hotel sits on a 2.3-acre lot, including an additional half-acre offering potential for future expansion or development. The property boasts a robust metal roof, minimizing maintenance costs, and provides ample parking with 85 spaces. Its proximity to Florida State University (9 miles) and Tallahassee International Airport makes it ideal for both business and leisure travelers. The hotel features indoor corridors and benefits from a strong brand presence and consistent revenue. This turnkey investment requires minimal additional capital expenditure, offering immediate returns and significant long-term growth potential. A virtual tour is available for a comprehensive view of the property.

Highlights

  • High visibility and accessibility from I-10, attracting significant traffic.
  • Half-acre expansion potential for added amenities and value.
  • Strong financial performance with $89.95 ADR and consistent revenue.
  • Recently renovated (June 2023) with new furniture, minimizing capital expenditure needs.
  • Turnkey investment opportunity with established occupancy and strong brand presence.

Property Details for 215 Commerce Blvd

Property type
Hospitality properties, Hotels
Year Built/Renovated
2008/2023
Stories
3
Lot Size (sq. ft)
100,188 SF

Location Insight

City
Midway
County
Gadsden
State
Florida
Latitude
30.4924295
Longitude
-84.4257599

FAQs

What type of property is this?
Hospitality property - 67-key Comfort Inn & Suites, fully renovated.
Where is the hospitality property located?
The property is located at 215 Commerce Blvd Midway, FL.
What are key features of this property?
This property features: High visibility and accessibility from I-10, attracting significant traffic.; Half-acre expansion potential for added amenities and value.; Strong financial performance with $89.95 ADR and consistent revenue.
How can I contact the broker?
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215 Commerce Blvd
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