Property summary
Exceptional investment opportunity: This 108-key Red Roof Inn motel in Jacksonville, Florida, presents a compelling acquisition prospect. Situated on a 2.56-acre lot at 6099 Youngerman Circle, this property comprises two two-story buildings, each spanning 16,666 square feet, totaling 42,262 square feet. Built in 1987 and renovated in 2019, the motel currently enjoys 100% occupancy. Its strategic location near I-295 Interchange ensures high visibility and accessibility. The property benefits from its proximity to major retail destinations such as Walmart Supercenter, Publix, and Orange Park Mall, attracting a consistent stream of guests. The Duval County location, within the Orange Park/Clay County submarket, is experiencing robust population growth, promising continued strong performance. The asking price is $10,500,000, translating to $248.45 per square foot. The property is zoned CCG-2 and features a single ownership structure. This turnkey operation offers immediate revenue generation and significant upside potential within a thriving market. The property's strong performance history, coupled with its prime location and recent renovations, makes it an attractive investment for experienced hospitality operators or those seeking a stable, high-return asset. The APN is 100705-0300.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PUD · Jacksonville, FLor other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of…
What can be built and operated here — officially.
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