black and white bed linen

Home2 Suites by Hilton - Tampa FL

Minutes from the new $350 million dollar new USF Football stadium under construction

Invest in Tampa’s High-Demand Corridor

a hotel with a car parked in front of a building
a hotel with a car parked in front of a building
106‑Suite Home2 Suites Opposite USF — Near Busch Gardens, Moffitt & Major Employers

Moneil Opportunities Fund is pleased to present an exceptional hospitality investment opportunity: the acquisition of the Home2 Suites by Hilton Tampa US Near Busch Gardens, located at 11606 McKinley Drive, directly across from the entrance of the University of South Florida, one of the largest universities in the United States and a major driver of year-round demand. This institutional-quality, extended-stay asset is surrounded by powerful generators including Busch Gardens, Adventure Island, Moffitt Cancer Center, Shriners Hospital, and numerous corporate, biomedical, and research facilities.

Built in 2017, the 106-key, four-story, all-suite hotel sits on 2.38 acres and features spacious guest suites with full kitchens, an oversized breakfast and lounge area, outdoor saline pool, SpinCycle fitness/laundry concept, A business center, and 117 surface parking spaces, all in a high-visibility location with irreplaceable proximity to education, healthcare, tourism, and corporate employment. There is limited nearby developable land most of it controlled by USF which creates a constrained supply environment, further enhancing long-term performance stability. This acquisition presents a highly attractive opportunity to secure a newer-vintage Hilton-branded asset in one of Tampa's strongest demand corridors. With targeted operational improvements, brand-supported demand, and a healthy submarket performance outlook, the property is positioned to deliver stable cash flows, favorable risk-adjusted returns, and compelling long-term value creation.

Investment
Highlights

Modern 106‑Suite Hotel in Tampa’s Dynamic Submarket

The Home2 Suites by Hilton Tampa USF Near Busch Gardens is ideally positioned directly across from the main entrance of the University of South Florida, one of the nation’s largest public universities. The all-suite extended-stay hotel is also just one mile from Busch Gardens, Adventure Island, and major medical and corporate demand generators including Moffitt Cancer Center, Shriners Hospitals for Children, Pepsi, Quest Diagnostics, and Yuengling Brewery. Opened in September 2017, the recently built hotel has consistently outperformed budget. The Property features 106 modern suites, a spacious breakfast area, an inviting lobby with a business center, and an outdoor pool. The property provides a strong extended-stay product in one of Tampa’s most dynamic submarkets.

VERY STRONG CASH FLOW – STABILIZED, MODERN ASSET
Built in 2017, the property offers modern construction, durable extended-stay performance, and minimal near-term capex, supporting consistent cash flow and strong operating margins.

STRONG AVERAGE DAILY RATE
The property maintains competitive positioning, newer construction, and appeal to medical, university, and leisure guests.

OFF-MARKET OPPORTUNITY
Privately marketed transaction with limited competitive bidding, offering investors the chance to acquire a strong-performing, newer-vintage Hilton asset below typical market exposure levels.

HIGH-PROXIMITY DEMAND DRIVERS
Immediate access to USF, Moffitt Cancer Center, Busch Gardens & Adventure Island, Telecom Park, area hospitals, research centers, and corporate offices—producing diversified, year-round demand.

CONSTRAINED SUPPLY
Extremely limited new hotel development in the USF/Busch Gardens corridor—USF controls most surrounding land—creating a high barrier-to-entry submarket with stable long-term pricing power.

VERY LOW PIP (PROJECT IMPROVEMENT PLAN)
Minimal required Property Improvement Plan due to newer construction and well-maintained condition—reducing capital exposure and enhancing near-term cash flow.

EXIT BEFORE RENOVATIONS
The asset will be sold prior to any major renovation cycle, which typically occurs every 7 years for this brand segment. As a 2017-build, the property requires minimal PIP, significantly reducing near-term capital needs and preserving cash flow.

EXTENDED STAY SENSIBILITY
Extended-stay hotels outperform with longer stays, lower turnover costs, and highly stable demand from medical, university, and corporate segments—resulting in superior margins and consistent cash flow..

Location: 11606 McKinley Dr, Tampa, FL 33612
Brand: Home2 Suites by Hilton
Room Count: 106
Investment Hold Period: 3-5 years

Amenities: Outdoor pool, Home2 Market (24/7 sundry shop), Spin2Cycle (integrated laundry & fitness facility), business center, outdoor fire pit with seating, outdoor BBQ grill, high-speed internet access, full Home2 kitchens in each suite, smoke-free property