Hampton Inn


Price:
$5,650,000

Address :
30301 Cortez Blvd
Brooksville, FL 34602


  •  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).
  •  Strong revenues and NOI.
    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
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




Please check this box if you would like to subscribe to our weekly newsletter.

Financials
2015
2016
2017
T-12Mos 10/18
Occupancy
45.50%
48.06%
58.52%
57.25%
Average Daily Rate
$102.12
$100.84
$116.46
$113.57
Room Revenue
$1,236,381
$1,286,721
$1,816,474
$1,737,232
Net Operating Income
$178,307
$229,361
$624,339
$590,488
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!