Travelodge Suites


Address :
1527 US-441
Okeechobee, FL 34974


  •  Well Positioned Asset Near Lake Okeechobee
  •  Easy Access for Travelers Commuting to West Palm Beach and Fort Pierce
  •  Property Outperforming Competitive Set in ADR
  •  Few Franchises Within Market
  •  The hotel is being offered to sale subject to the existing franchise license agreement. Wyndham Hotels is expected to grant a standard Travelodge license agreement upon the completion of a Product Improvement Plan (PIP).
    View Map    View Aerial
  •  Okeechobee is home to the 7th largest fresh water lake in the continental United States
  •  Situated nearby various outdoor activities
  •  Stopping point for travelers headed towards Port St. Lucie and West Palm Beach
  •  Close to Regional Demand Generators, Including...
    •  7.0 Miles to Okeechobee County Airport
    •  19.4 Miles to Sunshine Grove Events Area
    •  30.0 Miles to Seminole Casino Brighton
    •  45.0 Miles to Port St. Lucie, FL
  •  38 Rooms
  •  Continental Breakfast Area (Seats ±10)
  •  Kitchenettes in Guest Rooms
  •  Picnic Area
  •  2 Stories
  •  Exterior Corridors
  •  Concrete Construction
  •  Stucco Facade
  •  Flat Roof With Standing Seam Metal Mansard
  •  Asphalt Parking Lot
  •  Built 2007
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.




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Financials
2015
2016
2017
T-12Mos 7/18
Occupancy
59.38%
71.25%
74.39%
70.69%
Average Daily Rate
$53.34
$60.44
$81.63
$76.97
Room Revenue
$485,572
$661,940
$781,653
$788,049
Net Operating Income
$193,069
$326,087
$396,693
N/A
Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement.
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!