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2904 Melbourne St
Tampa, FL 33605 Highland Pines

$8,950,000 USD

Hotel For Sale  •  47,862 SF

Property Details

  • Property Type Hotel
  • Total Building Size 47,862 SF
  • Lot Size 2.16 AC
  • Building Class C
  • Year Built 1984
  • Tenancy Single
  • Zoning CG
36 Transit Score
46 Walk Score

Highlights

• Located in Opportunity Zone • Located in the Tampa Bay MSA
• Less than 1 Mile from Interstate 4 • 2.7 Miles to Ybor City
• 8.2 Miles from Raymond James Stadium • 12.4 Miles from Tampa International Airport
• YE 2022 Room Revenue / RRM: $2,530,142 Room Revenue / $3.54x RRM
• YE 2024 NOI / Cap Rate: $848,403 NOI / 9.48% Cap Rate
• YE 2024 ADR / RevPAR / OCC: $85.00 ADR / $62.05 RevPAR / 73.00% OCC

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Tampa (Silver Star - Amtrak) 9 min - 4.2 mi
AirportDriveWalkDistance
Tampa International 20 min - 12.0 mi
St Pete-Clearwater International 37 min - 21.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 64
Type: Surface
Included in Rent: Yes
Dennis Hopper CCIM 813-767-9953 DSH Hotel Advisors
Dennis Hopper CCIM 813-767-9953 DSH Hotel Advisors