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1600 Summit Lake Dr, Tallahassee, FL 5049 Corporate Woods Dr, Pensacola, FL 4034 Barrancas Ave, Pensacola, FL
Florida Panhandle Extended-Stay Offerings
Asset ClassHotel & Hospitality

Overview

HREC Investment Advisors is pleased to present the opportunity to acquire these hotels on an individual or portfolio basis. The offerings consist of the 124-room Extended Stay America Premier Suites Pensacola - NAS Corry Station, the 107-room Staybridge Suites Pensacola Airport, and the 104-room Staybridge Suites Tallahassee I-10 East, located in the Panhandle cities of Pensacola and Tallahassee, FL.

Investment Highlights

Individual and Portfolio Offers Considered

The seller will entertain both individual and portfolio offers for these assets. An investor has the opportunity to acquire one, two, or all three of the hotels in the offering.

 

Ideal for 1031 Exchanges Three established, financeable hotels at varied price points give exchange buyers ready replacement properties that can close in Q1 2027.

 

Immediate Cash Flow The portfolio generated $11.4 million in rooms revenue and $3.7 million in NOI (32.6% margin) for the TTM ending September 2026.

 

Low-Cost PIPs and Long-Term Licenses Change-of-ownership PIPs are expected to be modest, and all three hotels come with new 15- to 20-year license agreements.

 

Well-Built, Exceptionally Maintained Assets All three hotels are well maintained, so near-term capital needs should be limited.

 

Nearby Military Demand ESA Pensacola sits near NAS Pensacola and NAS Corry Station, where the military supports about 31,650 local jobs.

 

Pensacola Airport Growth Staybridge Pensacola is two minutes from Pensacola International Airport, which is adding a major terminal expansion and a 1,700-job aircraft maintenance campus.

 

Government and University Demand Staybridge Tallahassee draws demand from Florida’s state capital and its three universities, including FSU’s 44,000+ students.

 

Offered Unencumbered by Management The hotels are offered free of management contracts, so a new owner can bring in their own operating strategy.

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1600 Summit Lake DrTallahassee, FL 32317

Sales Team

Paul SextonBroker / FL License #: BK3053127(407) 963-4840psexton@hrec.com
Scott StephensChief Operating Officer & Senior Principal(813) 635-0600sstephens@hrec.com
Tammy Bateman-NilsenSenior Vice President -Orlando Office

License #: BK3507793

(954) 815-9525tbateman@hrec.com

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