For Sale
$14,000,000

150 Loblolly Ln Pensacola, FL 32526

87-Key Hotel, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 87-key Fairfield Inn & Suites, built in 2019, presents a compelling investment opportunity in Pensacola, Florida. Boasting 51,241 square feet across four stories on a 5.95-acre lot, this property offers a strong 9.08% cap rate and a current NOI of $1,270,737, with an asking price of $14,000,000 ($273.22/sq ft). The hotel's 72.04% occupancy rate demonstrates consistent demand within a thriving market fueled by Pensacola's robust tourism sector, including its renowned beaches, historic downtown, and significant military presence, particularly Naval Air Station Pensacola. The "Cradle of Naval Aviation" attracts a steady stream of visitors and personnel year-round, contributing to a high average daily rate (ADR) and a high barrier to entry for new competitors. This property offers significant upside potential under new management, making it an attractive addition to any hospitality portfolio. The property is located at 150 Loblolly Ln, Pensacola, FL 32526, in Escambia County.

Highlights

  • $14,500,000 Asking Price
  • 2019 Construction
  • High Barriers to Entry Market
  • Strong Average Daily Rate (ADR) Market
  • Significant Upside Potential Under New Management

Property Details for 150 Loblolly Ln

Property type
Hospitality properties, Hotels
Square Feet
51,241 SF
Year Built
2019
Buildings
1
Stories
4
Lot Size (sq. ft)
259,182 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.51733
Longitude
-87.3108154

FAQs

What type of property is this?
Hospitality property - 87-Key Hotel, High ROI Potential
Where is the hospitality property located?
The property is located at 150 Loblolly Ln Pensacola, FL.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: $14,500,000 Asking Price; 2019 Construction; High Barriers to Entry Market
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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150 Loblolly Ln
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