4115 U S Highway 27Sebring, FL 33870
- Hospitality properties
- 41,822 SF
Property Details for 4115 U S Highway 27
- Year built
- 2009
- Construction
- FRAME
- Lot size
- 4.10 AC
- Property size (Sq ft)
- 41,822 SF
- Zone code
- C1
- Property type
- Hospitality properties
- Property subtype
- Motels
- APN
- S-04-35-29-A00-0112-0000
- APU
- S043529A0001120000
Description
This fee-simple, 77-key La Quinta Inn & Suites presents a compelling investment opportunity in the thriving city of Sebring, Florida. The three-story, interior-corridor hotel boasts 41,822 square feet and sits on a 4.15-acre lot, offering ample space and potential for future expansion. Built in 2009, this Wyndham-branded property has undergone a complete renovation, eliminating any potential property improvement plans (PIP). The hotel features 101 parking spaces for guest and staff convenience. Its strategic location on US Highway 27 ensures high visibility and accessibility, attracting a steady stream of travelers. The property's strong RevPAR demonstrates its consistent profitability and market appeal. Sebring's unique identity as "The City on the Circle," coupled with its proximity to attractions like Sebring International Raceway, Highlands Hammock State Park, and various wildlife refuges, creates a robust tourism market. The C1 zoning provides flexibility for future development or operational enhancements. This stabilized investment offers a rare opportunity to acquire a well-maintained, high-performing hotel in a desirable Florida location with significant upside potential. The non-smoking guest rooms contribute to a clean and comfortable environment for guests. This turnkey operation is ready for immediate ownership and income generation.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $13,883,414
- 6.5%
- $12,815,459
- 7%
- $11,900,069
-
Comparable approach
- Method
- Valuation
- Relative Method
- $20,148,040
- Geo Method
- $15,433,175
-
Alternative Use
- Use
- Valuation
- Residential
- $13,990,758
- Hospitality
- $12,815,459
- Educational
- $10,662,311
- Medical
- $11,029,004
- Retail
- $16,585,817
Location Insight
- City
- Sebring
- County
- Highlands
- State
- Florida
- Latitude
- 27.4605
- Longitude
- -81.4314
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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