GAINeSVILLE - DOWNTOWN, FL
Hodges Ward Elliott is pleased to exclusively offer for sale the fee-simple interest in the 124-room Hampton Inn & Suites Gainesville Downtown (the “Hotel” or “Property”). Strategically located in the heart of Downtown Gainesville’s Historic District, the Property benefits from consistent, year-round demand driven by the education, healthcare, sports, and business sectors.
Situated just one mile from the University of Florida (UF) and its various facilities, including the famed Ben Hill Griffin Stadium, home to the Florida Gators football team, and the Medical Cluster highlighted by the UF Health Shands Hospital complex, the Hotel is ideally positioned to capture Gainesville’s diverse base of transient and corporate guests. The Property is a five-minute walk from the U.S. District Court for the Northern District of Florida, as well as the city’s vibrant downtown dining, retail, and entertainment scene.
With its prime location and established brand affiliation, the Hampton Inn & Suites Gainesville Downtown is well-positioned to capture Gainesville’s diverse and expanding demand base.
| Address: | |
| Rooms: | 124 |
| Floors: | 6 |
| Year Built: | 2009 |
| Year Renovated: | 2017 |
| Hotel Meeting Space: | 1,875 SF |
| Parking | Self-Parking $22.00 / Day |
| AMENITIES: |
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| Fee Simple | |
| Management: | Unencumbered |
| Labor: | Non-Union |
INVESTMENT HIGHLIGHTS
Minutes From the University of Florida
The University of Florida, the 3rd largest public university in the nation with over 60,000 students and 19 Division I athletic programs, serves as a dominant economic and lodging demand driver for Gainesville. The University generates consistent, year-round visitation from academic, athletic, corporate, and leisure travelers, enabling the Property to capture steady revenue and profitability across all segments. UF’s expansive student body, nationally recognized sports programs, and world-class research facilities create a resilient and diverse demand base.
Encompassing 2,000 acres in the heart of Gainesville, UF ranks #7 among U.S. News & World Report’s “Top Public Universities” and contributes an estimated $8 billion annually to Florida’s economy. The University’s prestigious Gators Division I athletics program, with 40 NCAA national team titles, continues to elevate its national profile, most recently punctuated by the 2025 NCAA Men’s Basketball Championship, which generated significant media attention, alumni travel, and celebratory events across the city. This success further enhances UF’s visibility and reinforces its position as a powerful and enduring demand catalyst for the market.
Ben Hill Griffin Stadium, or “The Swamp,” a 91,000-seat landmark, sells out nearly every home game, underscoring its ability to drive exceptional lodging compression. The Property offers convenient access to many of UF’s premier attractions, including the Curtis M. Phillips Center for the Performing Arts, Florida Museum of Natural History, Condron Ballpark, and Mark Bostick Golf Course, as well as Gainesville’s vibrant restaurant and retail corridor along I-75.
Curtis M. Phillips Center for the Performing Arts
Florida Museum of Natural History
Condron Ballpark
Leading Academic Medical Hub
Located less than two miles from the Property, the University of Florida Health Science Center (HSC) is one of the Southeast’s leading academic medical institutions, advancing health through cutting-edge research, education, and patient care. The HSC encompasses six colleges: Dentistry, Medicine, Nursing, Pharmacy, Public Health and Health Professions, and Veterinary Medicine, offering a wide range of undergraduate, graduate, and professional degree programs, as well as continuing education and certificate programs.
At the core of the system, the 1,237-bed UF Health Shands Hospital serves as its flagship facility, treating nearly 170,000 patients annually across specialties including emergency and trauma care, oncology, neurology, and pediatrics.
Alachua County Sports and Events Center is a Game-Changer for Hotel Demand
Opened in June 2023 and located less than six miles from the Hotel, the $40 million Alachua County Sports and Events Center (ACSEC) is a premier, multi-purpose sports and entertainment complex located in Celebration Pointe, adjacent to the University of Florida.
In its first full year, the ACSEC hosted over 150 events and welcomed more than 300,000 attendees, far exceeding initial projections and fueling robust growth in market-wide lodging demand. The state-of-the-art facility includes an indoor arena seating 3,000, 13 basketball courts, 21 volleyball courts, and a concert stage, along with an outdoor stadium accommodating 1,500 spectators, a regulation soccer field, and a track.
The venue’s consistent calendar of tournaments, concerts, and community events drives significant year-round visitation to Gainesville, frequently creating hotel compression during peak weekends. This steady influx of teams and spectators presents a strong opportunity for the Hampton Inn to attract group demand and command premium rates. Alachua County estimates the ACSEC will generate approximately $392 million in wages and nearly $24 million in annual sales, tourism, and development taxes, underscoring its long-term economic importance to the region.
Durable Cash Flow and Tangible Upside
Benefiting from its prime location in the heart of Downtown Gainesville, the Hampton Inn & Suites has achieved consistent performance growth in recent years. From 2022 through 2024, the Property ranked #1 in its competitive set for RevPAR, maintaining an impressive RevPAR penetration index above 130% throughout the period. Operational efficiency is reflected in a strong 34% NOI margin for the TTM ending November 2025. Future upside remains through the completion of the change-of-ownership PIP, which is expected to further enhance market positioning, elevate occupancy, and drive incremental cash flow.
Clean Investment Opportunity with Maximum Flexibility
The Property is offered fee simple and free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.
Strength of Hilton Worldwide Network & Brand Affiliation
Hilton Worldwide operates a global portfolio of 6,500+ properties across 119 countries and territories, supported by its industry-leading Hilton Honors loyalty program with over 235 million members worldwide. The brand’s extensive distribution network, powerful reservation system, and diverse 24-brand portfolio cater to every segment of traveler. As part of the Hilton family, the Property benefits from exceptional brand recognition, a strong base of loyalty-driven bookings, and access to one of the most effective global sales and marketing platforms in the industry.
