Berkadia Hotels & Hospitality is pleased to offer, on an exclusive basis, the opportunity to acquire a fee simple interest in the 81-key Courtyard Tampa North/I-75 Fletcher located at 13575 Cypress Glen Ln, Tampa, FL (the “Hotel” or “Asset” or “Property”).

The Hotel opened in 1995 and has received $3.5 million or $43,000 per key of capital expenditures since 2021 and requires minimal upfront capital. Situated off the I-75 and Fletcher Avenue intersection (combined 178,500 average daily travelers), the Property benefits from transient highway demand and offers convenient access to key destinations such as the University of South Florida (USF), Busch Gardens, Moffitt Cancer Center, AdventHealth Tampa, Tampa International Airport, and Gulf Coast beaches. It is also strategically positioned within the Hidden River Corporate Park (250-acre master-planned corporate office park), and near major employment hubs, Downtown Tampa and the Westshore Business District. Furthermore, the University of South Florida is embarking on the construction of a new $340 million football stadium, poised to be the most significant new lodging demand generator this area of Tampa has experienced.

The Tampa North submarket is reaching new all-time highs in RevPAR and there is no competitive supply under construction. Additionally, the TownePlace Suites Tampa North/I-75 Fletcher recently sold and was converted into a MainStay Suites, removing competitive Marriott inventory from the immediate area to the benefit of the Courtyard.