101-Room Newly Renovated
Sarasota East I-75
84-Room Fully Renovated Market Leading Premium Branded Hotel with over 6,000 SF of Leasable Restaurant Space
Property Details
2003/2019
Address:
101
City, State:
4
Year Built/Renovated:
November 2031
Keys:
TBD
Floors:
Fee Simple
Meeting Space:
Unencumbered
Land Area:
Non-Union
Parking Spaces:
Lindsey DeButts
Senior Director 240.204.5131 lindsey.debutts@berkadia.com
Natalie Castillo
Managing Director 561.632.8517 natalie.castillo@berkadia.com
LARISSA ISENBERG
Associate Director
602.997.3817 larissa.isenberg@berkadia.com
KYLE STEVENSON
Managing Director 703.888.6578 kyle.stevenson@berkadia.com
investment sales
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit www.berkadia.com/licensing.
Executive Summary:
Berkadia Real Estate Advisors LLC (“Berkadia”) is pleased to offer, on an exclusive basis, the opportunity to acquire a fee-simple interest in the 101-key, 2003 build, 2019 renovated Holiday Inn Express & Suites Sarasota East I-75 (the “Property” or “Hotel”).
Situated just off Interstate 75 and Highway 72, the Hotel provides guests convenient access to Downtown Sarasota, Sarasota Memorial Hospital, Seaport Manatee, Siesta Key Beach, Ed Smith Stadium, home of the Baltimore Orioles spring training facility, Sarasota Bradenton International Airport, and numerous amateur athletic facilities. In fiscal year 2024, nearly 2.9 million people visited Sarasota County, spending approximately $2.5 billion on accommodations, dining, and other activities, contributing to a total economic impact of $4 billion. Tourism is expected to increase in 2025 due to factors such as airport expansion, sporting events, the return of business travelers, and European tourists. While the market is known primarily as a leisure destination, particularly in the mild winter months, local entities have successfully marketed Sarasota as a commercial and group destination. Sarasota's economy is diverse and not overly reliant on one industry. This is exemplified by some of its top employers, including a strong financial sector, a growing tech sector, and a robust life sciences sector. While demand has normalized somewhat in the post-pandemic period, off-season demand levels remain higher than those of pre-pandemic years. The Sarasota Hospitality Market’s RevPAR is up 57% compared to 2019 and is forecasted to continue to grow.
The Holiday Inn Express & Suites is a cash-flowing, value-add investment opportunity in one of the most desirable markets in Florida.
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PHOTO GALLERY
5730 Gantt Rd Sarasota, FL 34233
101-Room Newly Renovated
Sarasota East I-75
Construction Type:
Franchise Expiration:
Franchise Extension:
Ownership:
Management:
Labor:
Sarasota, FL
5730 Gantt Rd
385 SF
4.70 Acres
101
Concrete
READY FOR DEVELOPMENT
READY FOR REVIEW
Guestrooms
101
Year Built
2003
Stories
4
Year Renovated
2019
Parking Spaces
101
Land Area
4.70
Proximity to Interstate 75 and Highway 72, providing access to Sarasota’s most prominent demand drivers.
STRONG HOSPITALITY MARKET PERFORMANCE
WELL MAINTAINED ASSET - $3,334,826 INVESTED BETWEEN 2017 AND 2024
Value-add upside upon completion of change of ownership PIP
GROWING, DIVERSE ECONOMY
LEAD BROKERS
DEAL TEAM
HARRY M. MANCERA
Associate Director 404.452.1110 harry.mancera@berkadia.com
KYLE SAHLSTEN
Associate Director 813.465.1212 kyle.sahlsten@berkadia.com
Dylan Jones
Analyst 813.675.0464 dylan.jones@berkadia.com
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