Days Inn Jacksonville Airport

Investment Overview

The Days Inn Jacksonville Airport is a 112 room exterior corridor asset located in Jacksonville FL. The property is wood frame construction, with a pre-tressed concrete roof, and wood frame stucco exterior. The property was built in 1986 as a Hampton prototype and operated as such into the new millennia. It was converted to a Days Inn in 2016 and has operated successfully since conversion. The property has two points of access and is located on a signalized corner directly off Interstate 95. The 112 rooms consist of standard double queen and single king rooms. The property boasts numerous guest amenities, including those listed below: Parking Wireless Internet Complimentary Breakfast Airport Shuttle Guest Laundry In Room Coffee-Tea Maker Flat Screen TVs Premium Cable Fly and Park Available Outdoor Pool Non-Smoking Hotel Pet Friendly 24-Hour Reception Onsite ATM

Investment Highlights

• The Offering: The Days Inn Jacksonville Airport is being offered for sale, fee simple, priced at $6,800,000. The property will be delivered unencumbered by management and debt. The price per key of $60,714 represents a significant discount to replacement cost and is in line with recent sales in the Florida market. Add to this that the property is perfectly positioned for future revenue growth and the deal becomes even more attractive.
• Current Operations: Ownership purchased the property in 2019 as part of a broader repositioning play moving equity from the upper Midwest to Florida. A small renovation has been completed, but the current owner is still performing needed Cap Ex. The Seller entered into a lease purchase structure in 2023 which has been terminated. Seller does not wish to operate the asset again long term. The seller wishes to move up in chain scale and believes now is his time to exit the asset.
• Value Add Opportunity: Opportunity: With a more active and attentive owner, this property should realize growth in the coming years like was achieved when Seller lived near the property..
• Location:The hotel is located in Jacksonville, the fourth largest city in Florida, with a population nearing nine hundred thousand residents. Jacksonville is a logistics hub for the southeast. Ikea, Aramark, and CSX all call Jacksonville home;
• Jacksonville ranks 9th on Money's list of best big U.S. cities, recognized for its growing job market. Amazon recently completed the construction of a 2,131,242 square foot distribution facility.
• Brand Affiliation: Cecil B. Day opened his first hotel in Tybee Island, Georgia, in 1970. Since then, Days Inn has grown into a network of nearly 2,000 franchised hotels throughout the U.S. and worldwide, including some hotels that offer free
• breakfast and allow pets in select rooms. Days Inn by Wyndham is part of the
• Wyndham Hotels & Resorts family of hotels which also includes Baymont by Wyndham, Hawthorn Suites by Wyndham, Howard Johnson by Wyndham, Microtel Inns & Suites, Ramada Worldwide by Wyndham, Super 8 by Wyndham, Travelodge by Wyndham, Wingate by Wyndham, and Wyndham Hotels and Resorts.
• Days Inn by Wyndham is part of the Wyndham Hotels & Resorts family of hotels which also includes Baymont by Wyndham, Hawthorn Suites by Wyndham, Howard Johnson by Wyndham, Microtel Inns & Suites, Ramada Worldwide by Wyndham, Super 8 by Wyndham, Travelodge by Wyndham, Wingate by Wyndham, and Wyndham Hotels and Resorts.
• Business Generators:
• River City Marketplace – 0.5 miles
• St. Johns Town Center - 10 miles
• University of North Florida - 6 miles
• EverBank Field (Jacksonville Jaguars NFL Team) - 8 miles
• Mayo Clinic - 10 miles
• Prime F. Osborn Convention Center - 5 miles
• Jacksonville Landing - 9 miles
• Bank of America Merrill Lynch - 9 miles
• Veterans Memorial Arena - 10 miles
• Baseball Grounds of Jacksonville - 10 miles
• Jacksonville Beach - 15 miles