Hotels for Sale

Quality Inn Crestview, FL

Address:
Crestview, Florida
Description:
  • Fee simple interest in institutionally owned and third party managed 55-room Quality Inn offered¬†at a fraction of replacement cost
  • Seller has pre-negotiated reduced Choice royalty fees and reduced Choice application fees for qualified buyers
  • Approximately $872,000 ($16k/key) of CapEx improvements completed in recent years with $440,000 ($8K/key) of improvements in the trailing 12 months
  • Minimal change of ownership PIP expected of a new buyer and asset is available for a new long-term license with Choice
  • Adjacent to the intersection of State Road 85 and Interstate-10 with upwards of 67,000 cars passing the location daily
  • Optimal location in the heart of Crestview, one of Florida's fastest growing cities and proximate to the city's top-ten largest employers
  • Proximate to all regional demand including Eglin Air Force Base, L-3 Crestview Aerospace, and BAE Systems

Listing Agents

Mike Schlictman
T | 803.920.4173
Email Agent

Hussain Waseem
T | 773.526.8713
Email Agent

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