2607 Wilde Lk Blvd Pensacola, FL 32526-8713

This 63-key Country Inn & Suites, built in 2008, boasts 42,003 square feet across four stories and is situated on 1.3 acres at 2607 Wilde Lake Blvd, Pensacola, FL 32526. The property offers a compelling investment opportunity with an asking price of $8,000,000, a strong 12.33% cap rate, and an 81.95% occupancy rate, generating a net operating income (NOI) of $1,060,511. The hotel benefits from a prime location directly off Interstate 10, leveraging Pensacola's robust tourism economy driven by Naval Air Station Pensacola, beautiful beaches, a historic downtown, and a vibrant cultural scene including numerous festivals. A significant advantage is the inclusion of a $440,000 key money incentive from Choice Hotels, and an existing SBA 504 financing option with 20% down and a 7.4% interest rate. The property also includes a 20-year franchise agreement with Choice Hotels and has a planned owner improvement plan estimated at $600,000. The average revenue over the last three years was $2,435,663. This turnkey operation presents a rare opportunity for significant returns in a desirable market. The property's APN is 14-1S-31-1103-000-003 | Block-3.