Limited-Service Hotel with 150
For Sale
Contact for pricing
6237 Arlington Expy, Jacksonville, FL 32211
Two-story limited-service hotel with 150 rooms along Arlington Expressway, offering strong visibility and access.
Property Size73,895 SF
Price / SF$81.20
Days on Market146
Property Features for 6237 Arlington Expy
General Information
Standard status
Active
Size
73,895 SF
Property subtype
Hospitality
Zoning
CCG-2, Commercial Community/General-2
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1970
Buildings
1
Stories
2
Listing Agency:
Cushman & Wakefield - Boca Raton, Florida
Listed By:
David Greenberg · License #FL SL3140783
Source:
Crexi
Added: Apr 15
Changed: Aug 16
Last Checked: Sep 7 at 7:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Boca Raton, Florida
Investment Insights
Based on property information with market context.
This two-story, limited-service hotel features 150 rooms. The offering is for the fee simple interest in the Regency Inn.
The property is located along Arlington Expressway, described as one of Jacksonville’s main thoroughfares, providing signage and accessibility to a range of demand generators. The asset is approximately 5 miles from downtown Jacksonville.
The marketing materials describe the property as a value-add opportunity, citing strategic operational improvements, targeted capital upgrades, and revenue management optimization.
The property is located along Arlington Expressway, described as one of Jacksonville’s main thoroughfares, providing signage and accessibility to a range of demand generators. The asset is approximately 5 miles from downtown Jacksonville.
The marketing materials describe the property as a value-add opportunity, citing strategic operational improvements, targeted capital upgrades, and revenue management optimization.
Key Highlights
- 150‑room, two‑story limited‑service hotel built in 1970
- Located along Arlington Expressway in Jacksonville, FL
- Fee simple interest offering for sale (150‑room Regency Inn)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$358,021
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,160,420
$7.2M
Cap Rate 7%
$5,114,586
$5.1M
Cap Rate 9%
$3,978,011
$4.0M
Market Conditions
NOI Build-Up for 73,895 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$886.7K $12.00/SF
− Vacancy
−$133.0K −$1.80/SF
EGI
$753.7K $10.20/SF
− OpEx
−$395.7K −$5.35/SF
NOI
$358.0K $4.85/SF
Area
Jacksonville, FL
Vacancy
15.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,160,420
Cap Rate 7%
$5,114,586
Cap Rate 9%
$3,978,011
Alternative Uses
Best Use
Hotel Hospitality
$5.11M
$4.48M – $5.97M
NOI $358,021 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$20.24M
$17.71M – $23.62M
NOI $1,417,011 @ 7.0% cap · market cap 23.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
Explore this area
Business Placement
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two-story limited-service hotel with 150 rooms along Arlington Expressway, offering strong visibility and access.
Where is this hotel located?
The property is located at 6237 Arlington Expy Jacksonville, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 150‑room, two‑story limited‑service hotel built in 1970; Located along Arlington Expressway in Jacksonville, FL; Fee simple interest offering for sale (150‑room Regency Inn)
