Franchise License
The franchise license is considered an exceptionally valuable
asset of the Four Points by Sheraton. It provides a high level of traveler
allegiance and recognition, an excellent computerized reservation
system, and Marriott’s popular Marriott Bonvoy Rewards program
where guests earn free lodging. A new buyer will have the
opportunity to obtain the original license agreement
The property recently underwent a significant common area renovation that
included numerous PIP items. the current ownership is in the process of finishing the
current PIP which include replacement of all furniture and fixtures in the rooms and hallways.
The hotel has a great potential upside once the renovation has been completed. New ownership can take advantage of the new property features and use the Marriott world renowned revenue management system to improve revenue and increase profitability.
Property Overview
Guest Rooms
The Hotel contains standard King bed rooms and double queen rooms the convenient microwave and mini-fridge.
Property Location
Excellent Location
The hotel is located in Jacksonville, the fourth largest city in Florida, with
a population nearing nine hundred thousand residents. Jacksonville is a logistics
hub for the southeast. Ikea, Aramark, and CSX all call Jacksonville home;
Jacksonville ranks 9th on Money's list of best big U.S. cities, recognized for its
growing job market. Amazon recently completed the construction of a 2,131,242
square foot distribution facility.
