70 Room Hotel Near Lakeland International Airport
Hospitality
for Sale
Catylist Listing ID: |
30365642 |
Property Subtypes: |
Hotel
|
Building Status: |
Under Construction |
Number of Units: |
70 Units |
Building Size (RSF): |
47,804 SF |
Gross Building Area: |
See Agent |
Gross Land Area: |
2.76 Acres
|
Sale Price: |
$11,000,000 |
Unit Price: |
$157,142.86 Per Unit |
Property Use Type: |
Investment |
Building Name: |
Best Western Plus |
Name of Establishment: |
Best Western Plus |
Franchised Business: |
Yes |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/18/2021 |
Overview / Comments
The Best Western Plus in Lakeland, FL has broken ground. The start date was 2/24/2020 and it is expected to be completed on 4/31/2021 due to the COVID delay of the FFME. This will be a 70 room 4 story hotel with a large lobby, conference room, Bistro, 2 offices, and a fitness center. The property is 2.76 acres with frontage on New Tampa HWY which is minutes from the Lakeland International Airport, I-4 and large industrial centers and retail distribution centers such as Amazon, Home Depot , and Publix . Property is priced as "at completion" and is expected to change after hotel is operational. Please see brochure for details.
|
Additional Details
Nearest MSA: |
Lakeland-Winter Haven |
County: |
Polk |
Taxing Authority: |
Polk County |
Tax ID/APN: |
23 28 21 000000 032020 |
Zoning: |
COMMERCIAL |
Retail Clientele: |
General, Business, Traveler |
Property Located Between: |
Orlando and Tampa |
Property Visibility: |
Excellent |
Largest Nearby Street: |
New Tampa HWY (92) |
Feet of Frontage: |
243 |
Traffic/Vehicle Count: |
18,900 |
Highway Access: |
New Tampa HWY (92) |
Airports: |
Lakeland |
Site Description: |
2.76 acres west of the Shell station. Minutes from the airport, I-4 and the Polk Parkway. |
Area Description: |
Close to Airport, large distribution centers and retail. |
Total Number of Buildings: |
1 |
Number of Stories: |
4 |
Property Condition: |
Excellent |
Year Built: |
2020 |
Construction/Siding: |
Block |
Parking Type: |
Surface |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
990 |
31,839 |
107,309 |
Median Age: |
64.86 |
41.27 |
39.13 |
Households: |
579 |
12,993 |
42,582 |
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Exchange Florida nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|