HREC is pleased to offer the opportunity to acquire the fee-simple interest in the 137-room Hilton Garden Inn Pensacola Airport – Medical Center and the 86-suite Residence inn Pensacola Airport/Medical Center (the “Properties” or “Hotels).”

THE TWO HOTELS ARE BEING OFFERED AS A PORTFOLIO, ALTHOUGH THE SELLER WILL CONSIDER INDIVIDUAL SALES.

The Residence Inn offers an opportunity to acquire an

award winning, Marriott-branded, newly built (2019)

all-suite/extended stay hotel with plenty of cash flow

and de minimis PIP in a fast-growing market.

The Residence Inn has the highest RevPAR of any (off-beach) hotel within the Pensacola market.

The Hilton Garden Inn offers an excellent value-add

opportunity that includes the implementation of a plain-vanilla cyclical PIP, upon which management will be

able to leverage top-line performance to recapture

market share and improve indexing.

The Hotels are located adjacent to each other just five

minutes from the Pensacola International Airport.

Despite being next door to each other, management does not currently “complex” positions – i.e., each hotel

has its own fully staffed management team.

As indicated by the respective brands, each hotel will be

eligible for a 15-year license with the current flag.