For Sale
Call for price

551 Fl-44Wildwood, FL 34785

120-Key Hotel, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 120-key Days Inn by Wyndham hotel presents a compelling investment opportunity in the thriving Wildwood, Florida market. Situated on a 4.5-acre lot with convenient access to Interstate I-75, this two-story, exterior-corridor hotel underwent a complete renovation in 2018 and recently completed the NEW DAWN package, eliminating any PIP requirements upon ownership transfer. The property boasts an array of amenities including an outdoor pool, a fitness center, and meeting rooms, catering to a diverse range of guests. Ample parking is available, accommodating even large vehicles and trucks. Its strategic location near the Villages Town Center provides easy access to major businesses, restaurants, and attractions, while the Tampa Outlet Mall and downtown Tampa are a short 30-minute drive away. The hotel has consistently demonstrated strong cash flow and is offered at a price significantly below replacement cost and less than four times its revenue. The property is offered fee simple and unencumbered by management agreements or debt, representing a rare opportunity for immediate ownership and operational control. The hotel's strong financial performance, prime location, and proximity to key demand generators, coupled with significant future investments in the area, make this a truly exceptional investment prospect. Built in 1974, this two-building, two-story hotel offers a solid foundation for continued success and growth.

Highlights

  • Strong financial history.
  • Excellent I-75 visibility and access.
  • Near major employment centers.
  • Area experiencing significant future development.
  • Priced below replacement cost.
  • Fee simple ownership.

Property Details for 551 Fl-44

Property type
Hospitality properties, Hotels
Year Built/Renovated
1974/2018
Buildings
2
Stories
2

Location Insight

City
Wildwood
County
Sumter
State
Florida
Latitude
28.8729002
Longitude
-82.0942868
551 Fl-44, Wildwood, Florida

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551 Fl-44
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