Cambria Hotel Acquisition

Hospitality for Sale
Catylist Listing ID: 30877084
Property Subtypes: Hotel
Building Status: Under Construction
Number of Units: 107 Units
Building Size (RSF): 56,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.60 Acres
Sale Price: $27,000,000
Unit Price: $252,336.45 Per Unit
Property Use Type: Investment, Business
Building Name: CAMBRIA HOTELS
Name of Establishment: Cambria Hotel
Franchised Business: Yes
Franchise Parent Name: Choice Hotels
Sale Terms: Other
Cap Rate: 7.5%
Last Updated: 9/2/2024

Overview / Comments

The forthcoming Cambria Suites Construction project scheduled to be completed in 2026, is poised to provide a diverse range of outstanding amenities tailored to meet the needs of contemporary travelers.
Visitors can anticipate luxuriously appointed and generously proportioned suites furnished with state-of-the-art technology and opulent décor.
The establishment will boast a welcoming open-air patio, a fully outfitted fitness center, as well as a sophisticated lobby bar and lounge area. Moreover, it will offer extensive meeting and event facilities, rendering it a prime choice for both corporate and leisure guests.
Building Area +/- 56,000 SQ. FT.
Lot Size +/- 2.67 Acres
107 keys
108 PARKING SPACES
8 ACCESSIBLE ROOMS
5 stories
7.50% cap rate
AADT Over 72339 I-10 (2022)

Attachments & Media

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Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 351S302101036002
Zoning: COM
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Airport BLVD, I-10
Property Visibility: Excellent
Largest Nearby Street: N Davis HWY
Traffic/Vehicle Count: 72,339
Highway Access: I-10
Airports: Pensacola International Airport
Site Description: Future Site Project
Total Number of Buildings: 1
Number of Stories: 5
Property Condition: Excellent
Total Parking Spaces: 108
Parking Type: Surface
Zoning Description: COM
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,086 77,422 172,244
Median Age: 31.56 36.98 38.44
Households: 2,517 30,539 70,497

Contact

Photograph of Listing Agent

Faith Morgan

Alliance Real Estate Gulf Coast CMLS Member
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