Hunter Advisors has been exclusively retained to present the acquisition of the Residence Inn Fort Myers, a 78-key, institutionally branded extended-stay hotel offered fully unencumbered of debt and management in one of Southwest Florida’s fastest-growing markets. This is a straightforward value-add thesis: acquire a well-located, competitively dominant Marriott-flagged asset, execute a full change-of-ownership PIP, and emerge with a fully renovated, brand-new-condition Residence Inn carrying a long-term franchise agreement — at a total all-in basis that remains significantly below replacement cost.
- Value-Add Opportunity — Product Upgrade, Operational Reset, Margin Expansion: The PIP scope covers guestrooms, corridors, public spaces, and FF&E, bringing the property fully in line with the latest Residence Inn prototype. Combined with a transition to localized, hands-on management, a new owner has two immediate levers to push RevPAR and drive margins significantly above what the current institutional operation produces.
- Acquire, Renovate & Own Below Replacement Cost: A buyer completing the change-of-ownership PIP will own a fully modernized, brand-new-condition Residence Inn with a fresh long-term franchise agreement at a total all-in basis representing a significant discount replacement cost. In a market where new extended-stay supply is functionally uneconomic to deliver, owning the renovated incumbent below replacement cost is a structural advantage that compounds over time.
- $1.1B Airport Expansion & Amazon's $500M Distribution Center Fuel the Next Demand Cycle: Southwest Florida International Airport is adding 50% gate capacity by 2027, and Amazon's new robotic distribution center — the largest standalone industrial building in Lee County history — will generate 1,000+ permanent jobs upon completion. A buyer acquiring today positions ahead of a demand curve that is materially larger than what exists today.
- Fee Simple, Non-Union, and Unencumbered of Debt and Management
