FOUR POINTS SHERATON DEVELOPMENT OPPORTUNITY

Hospitality for Sale
Catylist Listing ID: 30370648
Property Subtypes: Hotel
Number of Units: 99 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 2.26 Acres
Sale Price: $8,900,000
Unit Price: $89,898.99 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/29/2019

Overview / Comments

Opportunity to purchase operational 99 room Baymont by Wyndham hotel with plans in place to renovate
and convert into a Sheraton flag hotel.
Located close to Downtown Sarasota, there are many fine dining options in the area. Local shops and a cozy
Starbucks are steps away. This site is across the street from Sarasota Memorial Hospital, a short drive to
beautiful Siesta Key and Lido Beaches with easy access to highways and a quick 15 minute drive to the
Sarasota-Bradenton International Airport (SRQ).

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2035050042

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,143 90,330 169,694
Median Age: 46.5 45.68 48.32
Households: 6,108 40,554 78,457

Contact

Photograph of Listing Agent

Amy Lyon MacDougall

IAN BLACK REAL ESTATE LLC MFCRE Member
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