HAMPTON INN GAINESVILLE

INVESTMENT OVERVIEW

Hunter | Havericak | Altman Hotel Group has been exclusively retained to offer for sale the fee simple interest in the 100-room Hampton Inn Gainesville located in Gainesville, Florida. The hotel is a 4-story property built in 1994 and located just off Interstate 75, providing ease of access for commerce and tourism. The vast majority of the Forever Young PIP has been completed in recent years or will be completed prior to a sale. Hampton Inn Gainesville provides the opportunity for a new owner to acquire a partially renovated Hilton hotel in a desirable college town with the potential to realize significant RevPAR growth through hands-on management and utilization of the Hilton name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

• 12 Years Remaining on Existing Franchise Agreement
• Major Recent PIP Renovation
• 2022 April YTD Revenue +/- 72% Above 2021 and +/- 18% Above 2019
• Trailing 12-Month RevPAR +/- $83.96 (UF Student Body Did Not Fully Return Until Fall 2021)
• Vibrant College Town with a Diverse Economy that Drives Local Hotel Business
• Proximate to the University of Florida, Malcom Randall VA Medical Center, UF Health Shands Hospital, Butler Shopping District, Exactech Inc, and More