Holiday Inn Express & Suites Perry

601 Everett Way, Perry, FL 32348

Property Information

  • For Sale $9,600,000
  • Property Type Other
  • Property Size 46,238 SF
  • Units 78
  • Lot Size 6.4 Acre
  • Building Class C
  • Year Built 2009
  • Date Updated Sep 19, 2026

Description

n/aGrizzard Commercial Real Estate is pleased to present the 78-unit Holiday Inn Express & Suites Perry located at 601 Everett Way, 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: About 1.85 acres of excess developable land with US-19 frontage offers upside (est. $750K+) for outparcel or pad-site development such as retail, QSR, or convenience uses.
  • Current Operations: The hotel is fully staffed (including a GM) under non-local ownership, with a notably stable, long-tenured staff.
  • Renovation History: A 2023 property-wide renovation brought the hotel fully up to Holiday Inn Express & Suites Formula 2.0 standards, so a new owner should expect minimal near-term PIP obligations from IHG.
  • Revenue Growth: Constrained hotel supply (only two interior corridor hotels nearby, next comparable product 40 miles away) plus Nammo's $200M rocket engine factory should drive sustained demand and strong rate/occupancy performance.
  • Value Add Opportunity: Growing weekday demand from the Nammo project's contractors/engineers combined with weekend leisure travelers creates a balanced demand mix that can boost occupancy, ADR, and RevPAR.

Contacts

Location

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