SVN | ALLIANCE COMMERCIAL REAL ESTATE ADVISORS | 3316A BEACH BLVD., JACKSONVILLE, FL 32207 SALE BROCHURE
RED ROOF INN10901 HARTS ROADJACKSONVILLE, FL 32218
Elizabeth NyenweAssociate [email protected]
Mital SaraiyaHotel and Retail [email protected]
OFFERING SUMMARY
Sale Price: $3,400,000
Gross Profit: $723,213
Lot Size: 3 Acres
Year Built: 1987
Building Size: 21,921 SF
Zoning: CCG-1
Market: Jacksonville
Submarket: Northeast
Price / SF: $155.10
This 59 room Red Roof Inn hotel is located in the Northeast Jacksonville submarket and sits on a3 acre parcel. It is conveniently located near a full I-95 Interchange and is visible from thehighway. The property is 21,921 square feet and has 2 floors with interior corridors.The hotel is located within close proximity to Jacksonville International Airport, the JacksonvilleZoo, Anheuser-Busch Brewery, Jacksonville Port Authority, Museum of Contemporary Art, RiverCity Marketplace, Jacksonville Naval Air Station and a number of other retail and shoppingattractions and landmarks.
The hotel is pet friendly and guests are given free parking and WiFi. Each room also features arefrigerator, microwave, coffee maker, hair dryer, iron and ironing boards.
PROPERTY OVERVIEW
Property Summary
RED ROOF INN | 10901 HARTS ROAD JACKSONVILLE, FL 32218 SVN | Alliance Commercial Real Estate Advisors | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
RED ROOF INN | 10901 HARTS ROAD JACKSONVILLE, FL 32218 SVN | Alliance Commercial Real Estate Advisors | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
BUILDING INFORMATION
Gross Profit $723,213.08
Year Built 1987
Construction Status Existing
Free Standing Yes
Number of Buildings 1
PROPERTY HIGHLIGHTS
• 59 Room Red Roof Inn
• 2 Floors with Interior Corridors
• Sits on a 3 Acre Parcel
• Within Close Proximity to I-95
• Located 6.8 Miles From Jacksonville International Airport
• Free Guest Parking & WiFi
• Numerous Retail Locations and Landmarks Within Close Proximity
Complete Highlights
RED ROOF INN | 10901 HARTS ROAD JACKSONVILLE, FL 32218 SVN | Alliance Commercial Real Estate Advisors | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Additional Photos
RED ROOF INN | 10901 HARTS ROAD JACKSONVILLE, FL 32218 SVN | Alliance Commercial Real Estate Advisors | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Location Map
RED ROOF INN | 10901 HARTS ROAD JACKSONVILLE, FL 32218 SVN | Alliance Commercial Real Estate Advisors | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
POPULATION 1 MILE 3 MILES 5 MILES
Total population 5,819 35,578 92,710
Median age 29.4 32.1 34.3
Median age (Male) 26.8 30.0 32.0
Median age (Female) 31.6 34.1 36.6
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 2,070 13,036 34,379
# of persons per HH 2.8 2.7 2.7
Average HH income $53,698 $51,972 $48,836
Average house value $153,932 $161,416
* Demographic data derived from 2010 US Census
Demographics Map
RED ROOF INN | 10901 HARTS ROAD JACKSONVILLE, FL 32218 SVN | Alliance Commercial Real Estate Advisors | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Retailer Map
Elizabeth Nyenwe
Mital Saraiya
Associate Advisor
Phone: 904.801.7779Cell: 904.801.7779Email:[email protected] Beach Blvd.
Jacksonville, FL 32207
Phone: 386.566.2183Cell: 386.566.2183Email: [email protected] West Granada Blvd.Suite 5BOrmond Beach, FL 32174
Hotel and Retail AdvisorSVN | Alliance Commercial Real Estate Advisors
SVN | Alliance Commercial Real Estate Advisors
Mital Saraiya was born and educated in Baroda India, where he received his Bachelor of Commerce at MS University of Baroda. He immigrated to theUnited States in 1992 and started his career operating several Gas Stations and Convenience Stores. Over the years, Mital ventured into real estatebrokerage, specializing in Gas Station and Convenience Store Sales. His experience as an owner/manager helped him develop a keen eye foropportunities on both sides of transactions. Mital has now expanded his specialization to include Hotels, Foreclosures, Investment Properties andBusinesses.
While Mital currently does most of his brokerage work in the Volusia and Flagler County markets, his expertise in the industry has helped him developnational and international relationships. Mital joined SVN Alliance Commercial Real Estate Advisors in 2017 in the Ormond Beach, Florida office. Mital isclient oriented and provides dedication and undivided attention to his Client’s needs.
Elizabeth Nyenwe is an Associate Advisor at SVN | Alliance specializing in Commercial Real Estate Sales and Leasing. Elizabeth was a four year division1 collegiate tennis athlete and won numerous awards during her collegiate career including being named Freshman of the Year . The SVN organizationis comprised of over 1,600 Advisors and staff in more offices in the United States than any other commercial real estate firm and continues to expandacross the globe. Geographic coverage and amplified outreach to traditional, cross-market, and emerging buyers and tenants is the only way toachieve maximum value for our clients. This is why we proactively promote properties and share fees with the entire industry. This is our uniqueShared Value Network and just one of the many ways that SVN Advisors create amazing value with our clients, colleagues and communities. In 2016and 2017 we were named the 6th most recognized commercial real estate brand by the Lipsey Company.
SVN | Alliance is located in Jacksonville and Ormond Beach, FL and provides [sales, leasing, tenant representation, corporate real estate services andproperty management services.] SVN advisors represent clients in billions of dollars annually in auction, distressed assets, golf and resorts, hospitality,industrial, institutional capital markets, land and development, medical office, multifamily, office, restaurant, retail self storage, single family rentalportfolios and single tenant investments. All SVN offices are independently owned and operated.
RED ROOF INN | 10901 HARTS ROAD JACKSONVILLE, FL 32218 SVN | Alliance Commercial Real Estate Advisors | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
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