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Property profile & analytics
OFF-MARKET Estimated value $1,035,000
Hotels

2210 Waukesha St Bonifay, FL 32425-3126

24,554 SF 2.21 ac lot Built 1984
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-3391335
Property summary
AI-generated overview

This exceptional investment opportunity presents a 62-room hotel situated on a 2.2-acre parcel in Bonifay, Florida. The property, located at 2210 S Waukesha Street, boasts a prime location directly off Interstate 10 and Highway 79, ensuring high visibility and convenient access for travelers. Built in 1984, the hotel encompasses 24,554 square feet and sits on a 95,832 square foot lot. The asking price is $2,600,000, representing a compelling value for a property with significant untapped potential. This established hotel in the charming city of Bonifay, Holmes County, Florida, presents a unique chance to acquire a hospitality business in a high-traffic area. The property's strategic location and substantial size offer considerable room for growth and improvement, making it an attractive investment for experienced hospitality operators seeking to maximize returns. The sale includes the real estate only. This is a rare opportunity to acquire a well-positioned hotel in a thriving area with significant upside potential. The property's size and location make it ideal for expansion or renovation, allowing for increased revenue generation and enhanced guest experience. Don't miss this chance to own a piece of Bonifay's hospitality landscape.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1984
Total area 24,554 SF
Lot 2.21 ac (96,268 SF)
APN 0607.02-000-000-040.000
UPID US18-3391335
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.04M
Owner & transaction history
Ks 15 LLC · 8 yrs held
Ks 15 LLC
since 2017
1 recorded transaction
2017
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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