HAMPTON INN & SUITES COCONUT CREEK

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 105-room Hampton Inn & Suites located in Coconut Creek, Florida. The hotel is a six-story property built in 2014 and located directly off U.S. 441. The hotel is currently undergoing an extensive PIP renovation and it is anticipated to be delivered with the PIP completed in early 2025. Hampton Inn & Suites Coconut Creek provides the opportunity for a new owner to acquire a newly-renovated, premium Hilton-branded hotel with potential to realize significant RevPAR growth through hands-on management, driving the ADR post-renovation and utilization of the Hilton name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

• The Miami-Fort Lauderdale-West Palm Beach MSA is Defined by its High-Growth Combined with Robust Barriers to Entry, Particularly Land Constraints, Making it One of the Most Desirable Markets in the Country
• PIP Renovation Anticipated to be Complete Prior to Closing
• Large ADR Gap Between Hampton Inn & Suites and the Residence Inn Indicates Post-PIP ADR Upside at the Hampton Inn & Suites
• Historically Stable Revenue
• Minutes from 200+ Acre Planned Development, "Mainstreet at Coconut Creek"
• Proximate to Seminole Casino Coconut Creek, World Famous Butterfly World, HCA Florida Northwest Hospital, Lyons Technology Center, Quiet Waters Park and More