Econo Lodge Pensacola Florida – Auction Closes on August 18
Choice Hotels Property-7220 Plantation Rd Pensacola FL
Ended: 08/18/15 at 10:00 AM CDT
58-Room Econo Lodge Hotel
7220 Plantation Road, Pensacola Florida
Renovated Hotel Property – Prime Investment Opportunity
Online Only Auction Closes Tuesday, August 18, 11 AM EDT
All bidders are required to register and make a bid deposit. Please read the Bidding Instructions under the Documents tab. No exceptions.
Located off of Interstate 10, the Econo Lodge® hotel in Pensacola, FL is only minutes from Pensacola International Airport, University Town Center, Cordova Mall, University of West Florida and World Famous Pensacola Beach featuring sugar white sands and the emerald waters of the Gulf of Mexico. USA Today and Trip Advisor have rated Pensacola Beach and the Gulf Island National Seashore #1 in the U.S. Pensacola, Florida is a historic city founded in the 1500s and is rich in history, culture and the downtown Pensacola core, which is alive with museums, galleries, dining, shopping, a new waterfront baseball park, exquisite architecture, festivals and celebrations. The heartbeat of commerce and tourism, Palafox Street in downtown Pensacola was voted One of the Best Streets of America in 2013 by Great Places in America.
Econo Lodge is an economy hotel/motel chain based in the United States and Canada. Econo Lodge is the second-largest brand in the Choice Hotels system, (choicehotels.com). It is one of the best known brands in its category and aims to provide affordable rooms to budget travelers. Econo Lodge properties contain a minimum of 40 guest rooms and are often located near interstates and major highways.
Renovations and upgrades were completed after the property was acquired by the owner in 2011, including: pool, furnishings, electronics, carpeting, bedding, interior and exterior paint, heat/air, electronics, monitoring and more. After the improvements were completed, the property was reopened and has been continually operational.
In January 2015, the property received the Choice Hotels International flag and upgrades to meet Choice Hotels brand standard have begun and to date approximately 30% of the rooms have received the Choice upgrades including plasma televisions, lighting, bedding, fixtures and paint.
With over 1.5 acres of land area, there is ample paved parking and potential for expansion.
This is an interior corridor hotel, with three floors consisting of 58 rooms, including king suites, kings, and double rooms. All king suites on the ground floor have been upgraded to the Choice system.
– High Speed Internet
– Continental Breakfast Daily
– Outdoor Pool
– Business Center
– Laundry, Guest
– Free Parking
A downloadable, printable brochure with property features is located in the Documents Tab.
Contact Auctioneer Gina Boyleston for additional information, including preview. Preview is by appointment only. Do not visit the property without contacting Boyleston Auctions first.
Complete Auction Terms and Conditions are found under the Documents Tab.
In Pensacola from I-10 take Exit 13 (SR 291/N. Davis Hwy.) Head south on Davis Hwy to an immediate right on Plantation Road and follow around to 7220 Plantation Road.