OFFERING OVERVIEW:

DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Rodeway Inn Near Ybor City - Casino. Located in Tampa, Florida - one of STR’s Top 25 U.S. hotel markets consistently ranked among the nation’s strongest for occupancy, ADR, and RevPAR performance. The 134-room hotel (118 rentable, 16 staff) is strategically positioned off Interstate 4 offering strong visibility while providing direct access to Ybor City (2.6 miles), Seminole Hard Rock Hotel & Casino (2.9 miles), Downtown Tampa (4.5 miles), and numerous other high-traffic demand generators throughout the Tampa Bay MSA and east toward Orlando. Built in 1984, the three-story, exterior-corridor property recently underwent renovations, and caters to a diverse mix of leisure and business travelers, snowbirds, convention guests, and sports groups. The offering presents investors a rare opportunity to acquire a nationally branded, cash-flowing hotel positioned within one of the most sought after hospitality markets in the United States.

OPPORTUNITY ZONE:

The subject property lies within a U.S. Department of Housing and Urban Development–certified Opportunity Zone, offering investors potential tax advantages through Qualified Opportunity Fund (QOF) investments. Tax benefits vary based on the length of time the investment is held. Learn more at irs.gov/opportunity-zones. Information on Opportunity Zones is for general reference only and not intended as legal, tax, or investment advice. Investors should consult their own advisors regarding individual eligibility and benefits.

PROPERTY OVERVIEW:

Based on discussions with ownership, the property recently underwent approximately $200,000+/- in renovations, updating 70 of the guest rooms and enhancing the property’s overall condition and reducing near-term capital needs for new ownership.

• Recent renovations include:
• New Furniture
• New Faucets
• New Curtains
• New Toilets
• New Paint, Bathtub Paint/Coated
• Furniture has been purchased for the remaining guest rooms

The subject property remains in good condition, supported by recent renovations and an ongoing capital improvement plan. A change-of ownership Property Improvement Plan (PIP) is estimated to cost approximately $100,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Choice Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters.

MARKET OVERVIEW:

Tampa Bay continues to experience strong growth in population, employment, and visitor demand, further supporting the market’s long-term outlook. With demand driven by leisure, conventions, sports, and major events, the region benefits from a diverse hotel demand base and is widely regarded as one of Florida’s top-performing hospitality markets.