2210 Waukesha St Bonifay, FL 32425-3126
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.