DAYS INN MIAMI INTERNATIONAL AIRPORT

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the Miami International Airport Multi-Use Investment Opportunity which includes the 103-room interior corridor Days Inn Miami International Airport and the Beat Culture Brewery & Kitchen with an income-producing parking lot and other revenue streams. The property is situated in Miami, Florida, just outside the Miami International Airport grounds and was built in 1976. It is favorably located at the intersection of the Dolphin Expressway (194,000 VPD) and Palmetto Expressway (226,000 VPD). The property features a diverse array profit centers including the Beat Culture Brewery & Restaurant, a potential meeting room master lease, an additional unit currently rented via AirBnB, and mid-six-figure airport parking revenue. The offering provides the opportunity to acquire a stable, well-located hotel and high-end net leased brewery/restaurant with ancillary sources of revenue in one of the fastest growing and most desirable hotel markets in the country at nearly a 10 % cap rate at list price. A new owner will also be afforded the opportunity to realize significant RevPAR growth through hands-on management and potentially renovating the hotel to run independently of a brand or convert the brand to pursue a higher RevPAR.

INVESTMENT HIGHLIGHTS

• Nearly a Ten Percent Cap Rate at List Price
• Multiple Core Revenue Streams from the Beat Culture Brewery & Kitchen and Airport Parking
• Ancillary Income Streams with Substantial Expected Upside
• Adjacent to Miami International Airport, the Busiest Airport for International Passengers and Freight in the United States
• Prime Location Within the Miami-Fort Lauderdale-West Palm Beach MSA (8th Largest MSA in the United States)
• Historically High Occupancy, Revenue and Net Operating Income
• Minimal Wyndham Liquidated Damages With Hotel Conversion Opportunities
• Historically High Occupancy, Revenue, and Net Operating Income