HAMPTON INN BOCA RATON - DEERFIELD BEACH
___________

FLORIDA

106 Keys | 4 Stories

2002 Year Built

660 W Hillsboro Blvd

HAMPTON INN BOCA RATON - DEERFIELD BEACH

FLORIDA

106 Keys | 4 Stories | 2002 Year Built

660 W Hillsboro Blvd

INVESTMENT HIGHLIGHTS

 

Strategic Location in Corporate and Logistic Corridor

The 106-key Hampton Inn Boca Raton-Deerfield Beach is strategically located off I-95, offering direct access to South Florida’s major corporate hubs, logistics centers, and leisure destinations. The Hotel benefits from strong corporate demand, with JM Family Enterprises located just 4 minutes away. Ranked 22nd on Forbes’ list of the largest privately held companies, JM Family Enterprises operates across multiple sectors of the automotive industry, including vehicle distribution, finance, and retail. The company generates $20 billion in annual revenue and employs over 5,000 individuals, contributing significantly to the region’s economy. Located within 10 minutes of Boca Raton, the Hotel benefits from rapid growth the area is experiencing. Major Boca Raton demand generators and continued expansion and redevelopment further strengthening the Hotel’s demand drivers. The Boca Raton Innovation Campus (BRIC), the largest single-office complex in Florida, houses 18 national headquarters and 19 regional offices, supporting over 6,000 employees. BRIC is undergoing a $100 million transformation into a mixed-use campus, which will add 1,250 residential units, 85,000 square feet of medical offices, and expanded retail and lifestyle amenities, further bolstering business activity. Boca Raton itself is growing nearly three times faster than the U.S. average over the last two years, attracting both companies and residents to the region. Additionally, the Hotel is strategically positioned to attract logistics-driven demand, with Publix Distribution and Republic National Distribution just 5 minutes away. It also benefits from strong leisure demand, with Deerfield Beach only an 8-minute drive. This coastal destination features a nearly 1,000-foot-long fishing pier, the award-winning “Blue Wave” Beach, and the longest cable ski course in the United States. 

 

Recently Renovated Asset with Limited Supply and Premium Room Offering

The Hampton Inn Boca Raton-Deerfield Beach is positioned in a high-barrier-to-entry market with no new supply within a 5-mile radius, offering a Buyer a rare opportunity to buy into a constrained development environment. The Hotel recently underwent a comprehensive renovation ($40K/key), significantly enhancing its competitive positioning while leaving only a limited scope for additional upgrades, minimizing PIP execution risk for a new owner. The property’s unique room mix offering further differentiates it within the market, with 89% of the rooms featuring a footprint of 432+ square feet and three 1-bedroom apartment-style suites, providing a premium guest experience and the ability to command higher rates. With an updated product, limited incoming competition, and strong market fundamentals, the Hotel presents immediate upside potential for a buyer. 

 

Operational Upside with Revamped Management Approach
The Hampton Inn Boca Raton-Deerfield Beach is currently institutionally owned and managed, presenting an opportunity for a Buyer to enhance profitability by implementing a more localized management approach. This transition can improve operational efficiencies and reduce costs compared to those associated with a larger institutional management company.

 

Offered Below Replacement Cost in a High-Growth and Supply-Constrained Market

The Hampton Inn Boca Raton-Deerfield Beach is being offered at a discount to replacement cost in a high-barrier-to-entry, rapidly expanding market. Boca Raton has experienced sustained economic growth, driven by a thriving business community, increasing job opportunities, and strategic initiatives that reinforce its status as a hub for innovation. The city is home to more than half of Palm Beach County’s corporate headquarters and has the highest concentration of publicly traded companies in the county. Additionally, projected job growth over the next ten years is 43.8%, significantly outpacing the national average of 33.5%. Deerfield Beach complements this momentum with a dynamic coastal community of over 77,000 residents and a strong tourism base, attracting approximately 3 million visitors annually. With limited new supply within a 5-mile radius and strong demand fundamentals, Boca Raton and Deerfield Beach present significant barriers to new hospitality development, further enhancing the Hotel’s long-term value. This offering presents a rare opportunity to acquire a well-positioned asset in a high-demand and supply-constrained market at an attractive basis.

LISTING CONTACTS

PHOTO GALLERY

 

ABOUT HUNTER

Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in both full and select-service single assets as well as portfolio marketing, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed HUNTER to consistently maximize value regardless of market conditions.

Hunter Hotel Advisors is the founder and producer of the well-known and respected Hunter Hotel Investment Conference. Since their first conference in 1989, they have had a consistent focus on producing an educational and networking format based on real estate and finance for hotel owners.