QUALITY INN DOWNTOWN STUART

950 SE FEDERAL HWY

STUART, FL 34994


Availability: Available

Price: $9,850,000

Address:
950 SE Federal Hwy

Stuart, FL 34994

Number of Rooms: 82

Year Built: 1974

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 82-room Quality Inn located in Stuart, Florida, a city within the high-growth Port St. Lucie metropolitan area. The hotel is a two-story property built in 1974 and located directly off US Highway 1. Quality Inn Downtown Stuart provides the opportunity for a new owner to acquire a limited-service Choice hotel with the rights to the lease of the conjoined Flanigan's restaurant. There is potential to realize significant RevPAR stabilization through hands-on management, updating the property, continuing the positive RevPAR trend, and utilization of the Choice name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

  • Located in Downtown Stuart Directly off US-1
  • Port St. Lucie MSA had the 7th Largest Growth Percentage (2.9%) Among all US Metro Areas (2023-2024)
  • Strong Positive RevPAR Trend Year-Over-Year for the Quality Inn the and Competitive Set
  • Proximate to Clover Park (New York Mets Spring Training), PGA Golf Club at PGA Village, Cleveland Clinic Martin North Hospital, St. Lucie River, Several Florida State Parks, and More

EXCLUSIVELY LISTED BY

SCOTT J. HAVERICAK

Scott.Havericak@MarcusMillichap.com

(954) 554-1639

ROBERT S. HUNTER

Robert.Hunter@MarcusMillichap.com

(954) 245-3473

LEO R. REILLY

Leo.Reilly@MarcusMillichap.com

(954) 245-3487

BROKER OF RECORD

RYAN NEE
FL Broker of Record
954.245.3400 Direct
License: BK3154667