Hampton Inn


Price:

Call for Offers Issued
Bid Deadline date of Wednesday July 18, 2018 at 2:00PM-EST

Address :
30301 Cortez Blvd
Brooksville, FL 34602


  •  Site Inspection tour date is Monday July 9, 2018- Please contact Mumford Company to schedule an appointment to view the property.
  •  Located on Interstate 75 outside of Tampa metro area.
  •  One hour drive north of Tampa and 30 minutes from Gulf of Mexico.
  •  The Property has completed the interior components of Forever Young.
  •  The Hotel is being offered subject to the existing franchise agreement. A Property Improvement Plan is available that will allow a purchaser to continue operating as a Hampton through the end of the current license term. (November 30, 2024).
    View Map    View Aerial
  •  Brooksville is located in, and the county seat of, Hernando County (population 182,361)
  •  Brooksville is in the northern tier of the eight-county Tampa-St. Petersburg- Clearwater Florida Metropolitan Statistical Area, which is home to over 2.9 million people.
  •  Tampa Overflow
  •  Entrance to Crooms Motorsport Park within 100 feet of properties
  •  Close to Regional Demand Generators, Including...
    •  2 Miles to Wal-Mart Distribution Center
    •  5.7 Miles to Chassahowitzka National Wildlife Refuge
    •  23 Miles to Weeki Wachi State Park
    •  17 Miles to Brooksville-Tampa Bay Regional Airport and Technical Center
  •  73 Rooms
  •  Perfect Mix Lobby
  •  Continental Breakfast Area
  •  Meeting Room
  •  Business Center
  •  Jump Start Fitness Room
  •  2 Stories
  •  Interior Corridor
  •  Concrete Block Structure
  •  EIFS Facade
  •  Flat Roof
  •  Asphalt Parking Lot - 74 Spaces
  •  Built 1994
Financials
2014
2015
2016
2017
T-12Mos 5/18
Occupancy
42.95%
45.50%
48.06%
58.52%
60.48%
Average Daily Rate
$100.59
$102.12
$100.84
$116.46
$116.14
Room Revenue
$1,151,155
$1,236,381
$1,286,721
$1,816,474
$1,871,693
Net Operating Income
$148,673
$178,307
$229,361
$624,339
$669,727
Fiscal Year runs from September 1 to August 31. In the financial reports, the Hampton Inn is listed at 73 units. Operating statistics have been calculated at said count.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!