Hampton Inn Perry

2399 S Byron Butler Pkwy, Perry, FL 32348

Property Information

  • For Sale $9,600,000
  • Property Type Other
  • Property Size 33,618 SF
  • Units 2
  • Lot Size 1.79 Acre
  • Building Class A
  • Year Built 2000
  • Date Updated Sep 19, 2026

Description

The Perry, Florida Big Bend hotel market is defined by a significant lack of quality supply, particularly in the limited service segment. The market is dominated by only a small number of interior corridor hotels, creating minimal direct competition for professionally branded assets. This constrained supply environment allows existing properties to capture the majority of commercial, construction, and transient demand, resulting in strong occupancy potential and rate stability. With few comparable lodging options within the immediate area—and the nearest interior corridor competitors located many miles away—new or renovated assets are well-positioned to outperform due to limited alternatives for business travelers.Grizzard Commercial Real Estate is pleased to present the 60-unit Hampton Inn Perry located at 2399 S Byron Butler Blvd, Perry, Florida 32348. The property is being offered for sale at the fee simple sale price of $9,600,000. The property will be delivered unencumbered by management and debt.

Highlights

  • Additional Land: The 3.79-acre site includes a separately platted 2-acre rear parcel, creating over $500,000 in value-add potential for expanded parking, amenities, or future development.
  • Brand Affiliation: Backed by Hampton by Hiltonone of the world's largest upper-midscale brands with 3,000+ hotels in 40+ countriesoffering strong guest loyalty, consistent quality, and reliable performance.
  • Current Operations: Stable, experienced staffincluding a GM and multiple ten-plus-year employeessupport consistent operations despite non-local ownership.
  • Renovation History: A comprehensive 20192021 renovation (guestrooms, bathrooms, exterior, pool/fitness, lobby, breakfast area) has the hotel fully brand-compliant, with only a light PIP (flooring, breakfast furniture, minor items) expected for new ownership.
  • Revenue Growth: Constrained supply (only two interior corridor hotels nearby, next comparable 40 miles away) combined with Nammo's $200M rocket engine factory positions the hotel to capture outsized demand and drive sustained occupancy and rate growth.
  • Value-Add Opportunity: A dual demand strategy (weekday corporate/contractor stays tied to the Nammo project, weekend leisure/drive-to travelers) supports strong occupancy and premium ADR, driving RevPAR growth and long-term revenue stability.

Contacts

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