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123 ROOM FLAG HOTEL
For Sale
BAYMONT INN & SUITES
26508 US HIGHWAY 19 N, CLEARWATER $5,395,000
Outstanding opportunity to purchase a 123 unit flag hotel situated on 3.6 acres at the intersection
of Countryside Blvd & US Highway 19, across from the Countryside Mall
The hotel is just under 60,000 square feet and is five stories, with breakfast area,
swimming pool, beautiful lobby and 220 parking spaces
In addition to the hotel, there is a 13,260 sq ft attached building currently leased to long time
Tenant Arigato Steakhouse, with about five years remaining on the lease at $10,000 per month,
plus CAM charges
There are 14 suites, & 104 hotel rooms; 5 additional rooms used as
offices or conference areas
Many recent renovations and upgrades have this hotel in excellent condition and in compliance with
Baymont regulations; franchise fees are 8 ½%
Pat Calhoon, Commercial Broker 727.542.0998 | [email protected] | www.patcalhoon.com
1.855.580.3758 www.smithandassociates.com
Tampa | St. Petersburg | Clearwater
Smith & Associates Real Estate, Inc does not guarantee any representations. Important facts should be confirmed by buyer.
Commercial
123 ROOM FLAG HOTEL
For Sale
Seller has a 1 year contract with Dunedin Blue Jays to house staff and some players both during spring
training and the minor league summer and fall seasons; Dunedin is home to the Toronto Blue Jays
spring training games, as well as the Florida State League minor league baseball team
Room revenue averages about $ 1, 200,000 annually, plus Arigato lease income; detailed income and
expense records, as well as STAR reports, are available with an executed non-disclosure agreement
This property is also suitable for conversion to an assisted living facility, or with its prime location, a
complete redevelopment of the site
Strictly confidential, and shown by appointment only on weekdays, during business hours
Pat Calhoon, Commercial Broker 727.542.0998 | [email protected] | www.patcalhoon.com
1.855.580.3758 www.smithandassociates.com
Tampa | St. Petersburg | Clearwater
Smith & Associates Real Estate, Inc does not guarantee any representations. Important facts should be confirmed by buyer.
Commercial
123 ROOM FLAG HOTEL
For Sale
Pat Calhoon, Commercial Broker 727.542.0998 | [email protected] | www.patcalhoon.com
1.855.580.3758 www.smithandassociates.com
Tampa | St. Petersburg | Clearwater
Smith & Associates Real Estate, Inc does not guarantee any representations. Important facts should be confirmed by buyer.
Commercial