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OFFERING SUMMARY

Sale Price: $4,900,000

Rooms: 128

OCC: 40%

ADR: $67.95

RevPAR: $27.07

Room Revenue: $1,264,283

Rental Income: $63,497

Lot Size: 6.93 Acres

Year Built: 1983

Building Size: 74,621 SF

Price / SF: $65.67

Zoning: Commercial

Market: Merritt Island

Submarket: Port Canaveral / Cocoa

LOCATION OVERVIEWThe EconoLodge is located in Brevard County at 260 E Merritt Island Cswy,Merritt Island, FL, 32952, US. The hotels has a great visibility and easy to find. Itis close to the Port Canaveral Port, Merritt Island, Historic Cocoa Village andKennedy Space Center.The convenient location makes this Merritt Island hotel the ideal lodgingdestination to explore Merritt Island National Wildlife Refuge and such nearbypoints of interest as: Cocoa Beach Pier, Cape Canaveral, University of CentralFlorida,Port Canaveral Pier, Merritt Square Mall and enjoy the nearby beach.Ideal location for the park-and-cruise guest, offers roundtrip transfers to theport and free parking.

EconoLodge | Restaurant | Port Canaveral FL260 E Merritt Island Cswy, Merritt Island, FL, 32952, US, Merritt Island, FL 32952

EconoLodge | Restaurant | Port Canaveral FL

All SVN® offices are independently owned and operated.

Natvar Nana Mital Saraiya Bryan MorelockSenior Advisor Advisor Advisor407.876.5549 386.566.2183 [email protected] [email protected] [email protected]

7065 Westpointe Blvd,, Suite 206, Orlando, FL 32835 | www.svnflorida.com

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