4115 U S Highway 27Sebring, FL 33870

  • Hospitality properties
  • 41,822 SF
For Sale

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
4115 U S Highway 27, Sebring, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$132,542
-
$8,614,704
$8,614,704
-
-
$8,614,704
$8,614,704

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