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Presentation for Sam Patel
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Kathy Irvin

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Hi Sam, Here are 2 new properties as well as info on Florida Hotel & Nightclub and Sleep Inn University that are still available. Please note price reduction on Sleep Inn. The link is to a Google Drive folder for each property that contains more photos and details. Kathy Irvin

The Resort At Heritage Park-2050 E Irlo Bronson Memorial Hwy

130 Room Hotel Kissimmee, FL $7,000,000 ($53,846/Room) EXECUTIVE SUMMARY 130 Condo Units for Sale. $69,000 per unit, OR $650,000 for 10 unit block, OR $7,000,000.00 for all 130 units. Condo-hotel. Seller owns majority interest and units in the complex. Call for Offers by August 5th, 2022. Excellent opportunity to redevelop. Building ready to open for business and majority of the units are fully renovated. Excellent Location at the entrance to Neo City in Kissimmee and adjacent to Florida's Turnpike. Close Proximity to all major theme parks. Owner Financing is available.

Econo Lodge North Lake City-178 SW Florida Gate Way Blvd

61 Room Hotel Lake City, FL $7,000,000 ($114,754/Room) EXECUTIVE SUMMARY OFFERING OVERVIEW: DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Econo Lodge by Choice Hotels Lake City, Florida, a two-story 61-room exterior corridor hotel located directly off of Interstate-75. Included in the sale is a retail plaza, which includes a liquor store, a single-family home, multiple rental income sources, and 47.3+/- acres of additional land within a close proximity to several major demand generators. PROPERTY CONDITION: The subject property remains in good condition due to the recent renovations completed and an ongoing capital improvement plan. It is estimated that the change of ownership PIP would be approximately $50,000+/-; however, that is only an estimate and would need to be verified by Choice Hotels via an issued change of ownership PIP. RENOVATIONS COMPLETED INCLUDE: New Interior & Exterior Paint New Flooring New Bedding New Mattresses New TVs Parking Lot Resurfaced MARKET OVERVIEW: The subject property located in Lake City, FL is conveniently located adjacent to Interstate-75. Lake City has long been known as “The Gateway to Florida” as it sits approximately 64 miles from Jacksonville, 46 miles from Gainesville, and 104 miles from Tallahassee. Lake City is the northernmost sizable city in Florida on Interstate-75 and carries a large percentage of Florida’s tourist and commercial traffic. Lake City and its natural beauty and outdoor activities is a natural theme park for outdoor enthusiasts, festival goers, music lovers, or those simply wanting to spend a little time in a quiet and tranquil setting. With crystal-clear freshwater springs, history, culture, various music festivals, and an abundance of outdoor activities, Lake City attracts visitors year-round. UPSIDE POTENTIAL: The subject property presents a unique opportunity for an investor to own a 61-room Econo Lodge, a retail plaza with a liquor store, billboard income, rental income from a single family home, lease income from a tenant of the retail plaza, and 47.3+/- acres of additional land (with about 40-50% of it being developable).The Econo Lodge sits on approximately 5.08+/- acres of land. The Property Offering consists of the following: Econo Lodge North - Lake City, FL: 61 Rooms + 1 Room Storage 2 Story / Exterior Corridor Situated on 5.08+/- Acres of Land 2021 Room Revenue: $771,647 2019 Room Revenue: $751,588 2018 Room Revenue: $905,512 Liquor Store / Retail Building / Rental Income 13,524 Square Foot Retail Building 2021 Lease Income from Spa: $24,243 2021 Billboard Rental Income: $5,664 2021 Additional Rental Income: $4,930 2021 Liquor Store Revenue: $1,260,484 Approximate Liquor Store Inventory: $250,000 47.3+/- Acres of Additional Land: Approximately 40-50% Can Be Developed Parcel Adjacent to Hotel has Frontage to Florida Gateway Drive 3 Bedroom SF House Property Highlights: Econo Lodge by Choice Hotels - Lake City, Florida 61-Rooms, Two Story, Exterior Corridor Liquor Store Adjacent to Hotel Multiple Streams of Income 50+ Total Acres of Land - 40-50% Developable Amenities Include, Outdoor Pool, Premium WiFi, Outdoor Picnic Area, Truck Parking, Guest Laundry, News Stand, and FEMA approved Location Highlights: Situated at Intersection of I-75 & US 90 High Visibility from I-75 46 Miles from Gainesville, FL 64 Miles from Jacksonville, FL 104 Miles from Tallahassee, FL Financial Highlights: List Price of $7,000,000 Year 1 Projected Total Revenue - $2,452,647 Year 1 Projected NOI - $517,492 2021 Total Revenue - $2,235,493 2021 NOI - $471,674 Significant Upside for Owner-Operator

Florida Hotel & Nightclub For Sale-852374 US Highway 17

156 Room Hotel Yulee, FL $1,679,999 ($10,769/Room) 25% Cap Rate EXECUTIVE SUMMARY 2 Florida Hotels For Sale - Total 156 guest rooms @ The 1st Exit in Florida off i-95 Highway From $30,000 Per Room! 56 Room Hotel Price = $1,680,000 Includes breakfast area, conference room + outdoor pool 100 Room Hotel Price on Website: Includes a bar, liquor license, and restaurant onsite + outdoor pool Both are closed since 2019 and need renovations to reopen. Lowest Priced Hotels For Sale in Florida!

Sleep Inn University Tallahassee-1695 Capital Cir NW

78 Room Hotel Tallahassee, FL $4,550,000 ($62,179/Room) PRICE REDUCED $300K 11.86% Cap Rate INVESTMENT HIGHLIGHTS 78-Room Sleep Inn by Choice Hotels Ideal Room Count for an Owner-Operator Surrounded by Multiple Demand Generators Interior Corridor | Two Stories | Concrete Construction Healthy Net Operating Income On-Site Amenities Include an Outdoor Pool, Breakfast Seating Area, Business Center, Pet Friendly, and Bus/Truck Parking EXECUTIVE SUMMARY OFFERING OVERVIEW: DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Sleep Inn University, Tallahassee Florida, a 78-room interior corridor hotel located directly off Interstate 10. The subject property is approximately 5 miles from Florida State University and 7 miles from the Florida State Capitol. The hotel is situated near multiple diverse demand generators in a growing market. Hotel guest types include leisure and business travelers, legislative attendees, healthcare professionals, travelers/families on I-10, construction workers, university visitors, international visitors, and sports teams. This offering presents a unique opportunity to acquire a cash-flowing interior corridor hotel asset within the desirable Tallahassee Metropolitan Statistical Area. Amazon Fulfillment centers coming to Leon County in two locations within 14 miles of subject property.? PROPERTY CONDITION: The subject property remains in good condition due to an ongoing capital improvement plan and renovations completed. It is estimated that the change of ownership PIP would be approximately $400,000+/-; however, that is only an estimate and would need to be verified by Choice Hotels via the change of ownership PIP. The current owners have spent approximately $700,000 in Renovations within the last 7 years. RENOVATIONS COMPLETED INCLUDE: • Lobby Area Furniture and Carpet (2014) • New Front Desk Station, Lighting, and Seating Furniture (2014) • Hallway and Lobby Texture and Paint (2014) • Carpet - Lobby & Hallway Stairs (2014) • Guestrooms – Paint, Texture, Carpentry (2015) • Guestrooms – Window Treatment (2015) • Guestrooms – New Furniture (2015) • Guestrooms - Design to Dream Bedding (2015) • 5 New Tankless Water Heaters (2016) • 2 New Commercial Washer Machines (2017) • 1 New Commercial Dryer Machine (2017) • High-Speed Fiber Optic Internet Installed (2019) • HD Satellite System Dish Network (2019) • New Security Camera System (2019) • New Roof (2021) UPSIDE POTENTIAL: The Sleep Inn University Tallahassee is situated directly off Interstate 10 with significant upside potential remaining for a new owner through capital improvements, completing the current change of ownership PIP and maintaining guest experience to improve the bottom line. Further, the subject property has approximately 1.98 +/- acres positioned 5 miles NW of Florida State University.

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Contact me to make arrangements to view the properties that interest you. Thanks, Kathy

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