Independent Yulee Portfolio

  • Pricing Guidance
    TBD
  • Building 1 Room Count
    100
  • Building 2 Room Count
    56
  • Year Built
    1983
  • Property Type
    Select Service
  • Approximate Lot Size
    6 acres

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 52-unit and 100-unit, independent hotels, located in Yulee, Florida. The subject properties are strategically located at the first exit off Interstate-95 entering Florida, on Highway-17. Each property offers a two- story hotel with common area amenities including a lounge area and free on-site parking. The 100-unit property offers a restaurant and a full-sized commercial kitchen. An outdoor pool is located between the two properties and features a sundeck where guests can sit and relax.

Yulee, Florida is positioned in a beneficial location along Interstate-95 as you enter Florida with close proximity to Interstate-295, just 20 minutes away. The area is a part of the Jacksonville Metropolitan area, situated 28 miles outside of downtown Jacksonville where all major demand generators are located. Top corporations in the Jacksonville area include Fidelity National Financial, TIAA, Anheuser-Bush, and Burger King. The largest employer in the is the Naval Air Station Jacksonville, which is located about 39 miles from the hotel, and employs over 21,000 individuals. Another major demand generator for the Jacksonville area is the TIAA Bank Stadium, which holds over 67,000 individuals and is home to the National Football League team, the Jacksonville Jaguars.

The two independent properties are located 16 miles away from the beautiful and relaxing beaches of Amelia Island, a popular vacation destination located in the northeast region of Florida. Amelia Island is known for its manicured golf courses, sandy beaches along the Atlantic Ocean, and the Fernandina Beach Municipal Airport, which offers 3 active runways as well as skydiving, paragliding, and flight lessons. A short 25-minute drive over the Georgia border, visitors can explore Cumberland Island, the largest barrier island off the southern coast of Georgia which features protected beaches, maritime forest, and free-range horses. To make traveling easy, the Jacksonville International Airport is located 20 miles from the hotel.

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Contact Agent

agent

Joe Simpson

Associate - Hospitality Division

151 Meeting Street
Suite 450
Charleston, SC 29401

843-952-2263

joe.simpson@marcusmillichap.com

contact agent

    Contact Agent

    agent

    Jack Davis

    First Vice President - Hospitality Division

    151 Meeting Street
    Suite 450
    Charleston, SC 29401

    843-952-2253

    jack.davis@marcusmillichap.com

    contact agent

      Contact Agent

      agent

      Joce Messinger

      First Vice President - Hospitality Division

      151 Meeting Street
      Suite 450
      Charleston, SC 29401

      843-952-2255

      joce.messinger@marcusmillichap.com

      contact agent