Comfort Inn & Suites Cocoa Beach - Port Canaveral

3901 N Atlantic Avenue Cocoa Beach, FL 32931

  • 95,400 Square Feet
  • Hotel
  • For Sale

Summary Description

Colliers International has been retained by owner to solicit offers to purchase a fee-simple interest in 170-suites and rooms Comfort Inn & Suites Cocoa Beach – Port Canaveral Area in Cocoa Beach, Florida. The offering represents an excellent opportunity for an investor to acquire a high-performing mid-scale hotel
on the barrier island along Florida’s Space Coast. The hotel is exceptional real estate in the heart of Cocoa Beach occupying a full city block along Coastal Highway A1A, just steps from the Atlantic Ocean. A strong market for decades, area lodging performance is remarkable due to robust demand generators including tourism, aerospace industry, cruise port and military.

Lot Size: 188614 Square Feet

Building Size: 95400 Square Feet

Area Available: 95,400 Square Feet

Features:

  • Comfort Inn and Suites Cocoa Beach represents excellent opportunity to acquire high-performing mid-scale hotel on the barrier island along Florida’s Space Coast
  • The 170-room Hotel including 90-suites is exceptional real estate occupying a full city block along Highway A1A in the heart of Cocoa Beach just steps from the Atlantic Ocean
  • Highly profitable hotel due to diversified year-round demand drivers and high barriers to entry
  • Brevard County Florida remarkable RevPAR growth due to resurgent aerospace industry, military, tourism proximate to Orlando and a leading cruise port
  • Hotel is offered without brand and management encumbrances; flexibility among severable brands or independent positioning
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