Super 8


Price:
$4,900,000

Address :
3925 S. Ferdon Boulevard
Crestview, FL 32536


  •  High NOI and Cap Rate
  •  Above Average Cash-on-Cash Return
  •  Minimal PIP expected at Change of Ownership
  •  Great Florida Panhandle Location
  •  Solidly-Constructed Property
  •  1st Property in the Area to Receive an Alcohol & Tobacco License, Ability to Transfer to New Ownership
    View Map    View Aerial
  •  Okaloosa County, which is also the Crestview-Fort Walton Beach-Destin MSA, is home to 212,404 people
  •  At the junction of Interstate 10, US 90 and Florida Route 85
  •  Okaloosa County Consistently ranks as a leading site for aerospace companies
  •  Destin ranked #3 Best Beach in the US by US News & World Report and is home to the largest charter fishing fleet in the US
    •  Eglin Air Force Base
    •  North Okaloosa Medical Center
    •  The Robert L. F. Sikes Education Center and Center of Excellence at Bob Sikes Airport
    •  Blackwater River State Park
  •  2 Buildings
  •  2 stories, exterior corridor
  •  Concrete Construction
  •  Stucco Facade
  •  Pitched, Asphalt-Shingled Roof
  •  Asphalt Parking Lot
  •  56 Guest Rooms
  •  Wireless Internet
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
2020
2021
T-12mos 4/22
Occupancy
58.27%
75.77%
71.84%
Average Daily Rate
$71.83
$92.69
$92.65
Room Revenue
$857,849
$1,435,587
$1,360,527
Net Operating Income
$203,247
$675,020
n/a
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!