ECONO LODGE
NOI
$400,000
Cap Rate
9.2%
RRM
4.2X
Price
$5,200,000
Year Built
1993/2023
Rooms
66
Stories
2
INVESTMENT HIGHLIGHTS
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66 well appointed rooms
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Great upside potential
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I-95Location
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Major renovation completed in 2023
- Close to beaches and parks
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Close Proximity to Diverse Demand Generators
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Minimal PIP upon change of ownership
- Outdoor Pool
- Ample Parking
- Near McKee Botanical Garden
INVESTMENT OVERVIEW
Mazili Hotel Group is pleased to present to qualified investors the fee-simple interest in the branded Econo Lodge Vero Beach – Downtown. The property offers a well-recognized economy lodging option ideally positioned in the heart of downtown Vero Beach. the hotel benefits from steady leisure and drive-to demand throughout the year.
Econo Lodge Vero Beach – Downtown offers investors a well-positioned economy hotel with strong appeal to both leisure and corporate travelers. Its central location provides convenient access to the beaches of Vero Beach, as well as the city’s downtown dining, retail, and business district.
LOCATION HIGHLIGHTS
- Conveniently located near local shops, dining establishments, and the area’s beautiful beaches
- Strategically located along US Highway 1 in the downtown corridor
- The property connects guests to key local attractions including the scenic waterfront areas along the Indian River Lagoon, cultural venues such as the Riverside Theatre, outdoor recreation at South Beach Park, and nature experiences at the McKee Botanical Garden. With its accessible location and proximity to major roadways, the hotel captures consistent year-round demand from beachgoers, seasonal visitors, and regional business travelers
Exclusive Advisors
About Us
Mazili Hotel Group is a premier hotel brokerage firm focusing solely on hospitality brokerage. Founded in 2000, Julian Mazili and his team of professional hotel brokers serve private and institutional clients worldwide. Clients lean on our extensive experience and knowledge in the industry to achieve maximum success for their investment. Our commitment to our clients is unparalleled. We serve and guide our clients through the whole process from first visit to the closing process. our knowledge and expertise in the industry allows us to navigate through the brokerage process with ease, from assisting with securing financing to working with third party companies.