For Sale
$10,500,000

6099 Youngerman CirJacksonville, FL 32244

Profitable Florida Motel, 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: This 108-key Red Roof Inn motel in Jacksonville, Florida, presents a compelling acquisition prospect. Situated on a 2.56-acre lot at 6099 Youngerman Circle, this property comprises two two-story buildings, each spanning 16,666 square feet, totaling 42,262 square feet. Built in 1987 and renovated in 2019, the motel currently enjoys 100% occupancy. Its strategic location near I-295 Interchange ensures high visibility and accessibility. The property benefits from its proximity to major retail destinations such as Walmart Supercenter, Publix, and Orange Park Mall, attracting a consistent stream of guests. The Duval County location, within the Orange Park/Clay County submarket, is experiencing robust population growth, promising continued strong performance. The asking price is $10,500,000, translating to $248.45 per square foot. The property is zoned CCG-2 and features a single ownership structure. This turnkey operation offers immediate revenue generation and significant upside potential within a thriving market. The property's strong performance history, coupled with its prime location and recent renovations, makes it an attractive investment for experienced hospitality operators or those seeking a stable, high-return asset. The APN is 100705-0300.

Highlights

  • $10,500,000 asking price for this 108-key motel.
  • Jacksonville, FL hospitality property with 42,262 square feet.
  • 100% occupancy rate.
  • Two-story, two-building motel built in 1987, renovated in 2019.
  • 2.56-acre lot in Duval County, FL.
  • $248.45 price per square foot.

Property Details for 6099 Youngerman Cir

Property type
Hospitality properties, Motels
Square Feet
42,262 SF
Year Built/Renovated
1987/2019
Buildings
2
Stories
2
Lot Size (sq. ft)
111,514 SF

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.1958233
Longitude
-81.7418482
6099 Youngerman Cir, Jacksonville, Florida

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6099 Youngerman Cir
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