Listing Summary
Cushman & Wakefield’s Hospitality Group is pleased to present for sale the fee simple interest in the Super 8 by Wyndham Fort Myers, a limited-service hotel.
Full Description
Cushman & Wakefield’s Hospitality Group is pleased to present for sale the fee simple interest in the Super 8 by Wyndham Fort Myers, a limited-service hotel located at 2717 Colonial Blvd, Fort Myers, FL 33907, with an asking price of $7,700,000. This four-story property sits on 1.73 acres and offers 115 rentable rooms, along with two manager’s suites, one consisting of 7 rooms with 7 doors, and another with 3 rooms and 1 door, which can be converted to bring the total room count to 123.
The hotel features a new roof installed in 2019 and is currently absentee operated, offering a strong value-add opportunity for an owner-operator to enhance operational performance through active management and targeted marketing. Seller financing is available for qualified buyers, and there is significant upside potential through RevPAR growth, nominal liquidated damages of approximately $1,000 per room, and the possibility of multifamily conversion under Florida’s Live Local Act. Strategically positioned near the intersection of Colonial Boulevard and Cleveland Avenue, the property benefits from excellent visibility and accessibility within a growing Fort Myers market.
Quick Glance
- Listing ID:
CL-Florida-25313
- Status:
Active
- Year Build:
1988
- Building Size:
52,062 SqFt
- Lot Size:
1.72 Acre