1063 Airport RdJacksonville, FL 32218

This exceptional investment opportunity presents a 108-key motel, the Red Roof Inn Airport Jacksonville, situated on a 5.6-acre lot at 1063 Airport Rd, Jacksonville, FL 32218. The property boasts a total of 46,172 square feet across two, two-story buildings, offering significant potential for redevelopment. Built in 1982 and renovated in 2019, the motel currently enjoys 100% occupancy. The asking price is $16,000,000, translating to $346.53 per square foot. The property is zoned CCG-2, providing flexibility for future development plans. This Duval County location offers easy access to Jacksonville International Airport, making it an ideal choice for travelers and a strong draw for investors. The property's strong performance and prime location combine to create a compelling investment opportunity in the thriving Jacksonville hospitality market. The existing infrastructure provides a solid foundation for expansion or repositioning, catering to the growing demand for lodging near the airport. This is a rare chance to acquire a fully operational motel with significant upside potential. The property's size and location make it an attractive prospect for both experienced and emerging investors seeking a high-return hospitality asset. The 100% occupancy rate underscores the property's strong market position and potential for continued success. The parcel number is 106478-0060.