114-Room
1857 ATWOOD DR Pensacola, FL 32514
1857 ATWOOD DR, Pensacola, FL, 32514
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For Sale
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114-room hotel in Pensacola with access to downtown, UWF, the airport, and NAS Pensacola.
Property Size69,687 SF
Price / SF$186.55
Days on Market8
Property Features for 1857 ATWOOD DR
General Information
- Standard status
- Active
- Size
- 69,687 SF
- Property subtype
- Hospitality, Mixed Use
Building Details
- Year Built
- 2008
Listing agency
Bang Realty
(888) 737-2264
Listed by
Brian Brockman · License #BRK.200900214
Source
Crexi
Added: Jul 15 Updated: Jul 20 at 6:25PM Checked: Jul 21 at 7:05AM
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Investment Insights
Based on property information with market context.
Offering an opportunity to acquire an approximately 114-room hotel in Pensacola, Florida, the property is positioned to serve year-round corporate, military, and leisure travel demand. The hotel provides seamless access to downtown and key regional demand drivers, including the University of West Florida, Pensacola International Airport, and Naval Air Station Pensacola.
The property supports two distinct operational strategies. One approach is to maintain the current franchise, with an estimated Property Improvement Plan of $10,000 per key, designed to secure steady, reliable cash flow with minimal initial capital expenditure. An alternative value-add path is to execute a comprehensive renovation to reflag the hotel to an upscale service tier, with an estimated Property Improvement Plan of $30,000 per key, intended to reposition the asset for higher Average Daily Rates and a larger share of affluent corporate, military, and leisure travelers.
The property supports two distinct operational strategies. One approach is to maintain the current franchise, with an estimated Property Improvement Plan of $10,000 per key, designed to secure steady, reliable cash flow with minimal initial capital expenditure. An alternative value-add path is to execute a comprehensive renovation to reflag the hotel to an upscale service tier, with an estimated Property Improvement Plan of $30,000 per key, intended to reposition the asset for higher Average Daily Rates and a larger share of affluent corporate, military, and leisure travelers.
Key Highlights
- 114‑room hotel built in 2008 in Pensacola, FL.
- Two operating strategy options: maintain current franchise or upscale reflag with renovation.
- Maintain franchise option with estimated PIP of $10,000 per key.
Property Analytics
Location Intelligence
Current Use by Public Records
Atwood Oaks
Apartment Complex
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Hotel & Motel
Lloyd's Tints
Interior Design
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FAQs
What type of property is this?
Hotel - 114-room hotel in Pensacola with access to downtown, UWF, the airport, and NAS Pensacola.
Where is this hotel located?
The property is located at 1857 ATWOOD DR Pensacola, FL.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: 114‑room hotel built in 2008 in Pensacola, FL.; Two operating strategy options: maintain current franchise or upscale reflag with renovation.; Maintain franchise option with estimated PIP of $10,000 per key.
