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Auction: Florida Econo Lodge Hotel

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Published on Jul 15, 2015

Online Auction: Florida Econo Lodge Hotel in Pensacola, FL
7220 Plantation Rd, Pensacola, FL 32504

Online Only: Closing Tuesday, August 18, 11 AM EDT

Number of Units: 58 Units
Building Size (RSF): 21,651 SF
Gross Land Area: 1.56 Acres

Boyleston Auctions is pleased to offer at public online auction the Econo Lodge Hotel located at 7220 Plantation Road, Pensacola, Florida. The auction runs online until Tuesday, August 18, 11 AM EDT. The seller reserves the right to sell the property before auction day.

Located off of Interstate 10, the Econo Lodge® hotel in Pensacola, FL is only minutes from Pensacola International Airport, University Town Center, Cordova Mall, University of West Florida and World Famous Pensacola Beach featuring sugar white sands and the emerald waters of the Gulf of Mexico. USA Today and Trip Advisor have rated Pensacola Beach and the Gulf Island National Seashore #1 in the U.S. Pensacola, Florida is a historic city founded in the 1500s and is rich in history, culture and the downtown Pensacola core, which is alive with museums, galleries, dining, shopping, a new waterfront baseball park, exquisite architecture, festivals and celebrations. The heartbeat of commerce and tourism, Palafox Street in downtown Pensacola was voted One of the Best Streets of America in 2013 by Great Places in America.

Econo Lodge is an economy hotel/motel chain based in the United States and Canada. Econo Lodge is the second-largest brand in the Choice Hotels system, (choicehotels.com). It is one of the best known brands in its category and aims to provide affordable rooms to budget travelers. Econo Lodge properties contain a minimum of 40 guest rooms and are often located near interstates and major highways.

Over $600,000 in renovations and upgrades were completed after the property was acquired by the owner in 2011, including: pool, furnishings, electronics, carpeting, bedding, interior and exterior paint, heat/air, electronics, monitoring and more. After the improvements were completed, the property was reopened and has been continually operational.

In January 2015, the property received the Choice Hotels International flag and upgrades to meet Choice Hotels brand standard have begun and to date approximately 30% of the rooms have received the Choice upgrades including plasma televisions, lighting, bedding, fixtures and paint.

With over 1.5 acres of land area, there is ample paved parking and potential for expansion.

This is an interior corridor hotel, with three floors consisting of 58 rooms, including king suites, kings, and double rooms. All king suites on the ground floor have been upgraded to the Choice system.

Amenities Include:
- High Speed Internet
- Continental Breakfast Daily
- Outdoor Pool
- Business Center
- Laundry, Guest
- Free Parking

Contact:
Gina Boyleston
Boyleston Auctions
www.BoylestonAuctions.com
(850) 434-0377
BK198587 AU4475 AB3264

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