OFFERING MEMORANDUM
Two Hotel Assets in Prime Doral, FL Location
Wingate by Wyndham Miami Airport
3755 NW 78th Ave, Doral, FL 33166
Quality Inn Miami Airport
3959 NW 79th Ave, Doral, FL 33166
A rare opportunity to acquire two strategically located, income-producing hotel assets in Doral, Florida, offering strong performance metrics, recent renovations, and solid brand positioning in one of Miami-Dade County's fastest-growing submarkets.
INVESTMENT OPPORTUNITY
Two Hotel Assets in Prime Doral, FL Location
Executive Summary
Avanti Way Commercial is pleased to present the exclusive offering of two strategically located, income-producing hotel assets in the City of Doral, Florida — a vibrant submarket of Miami-Dade County. These properties represent an exceptional investment opportunity in one of South Florida's most dynamic hospitality markets, combining stable cash flow with significant upside potential.
The Quality Inn Miami Airport and Wingate by Wyndham Miami Airport both benefit from prime positioning near key demand generators, including Miami International Airport, major shopping destinations, and numerous corporate offices. This strategic location ensures consistent demand from both business and leisure travelers throughout the year, creating resilient revenue streams even during seasonal fluctuations.
Both properties feature recent capital improvements and renovations, positioning them competitively within their respective market segments. With national brand affiliations through Choice Hotels and Wyndham, the assets benefit from strong reservation systems, brand recognition, and established loyalty programs that drive occupancy and maintain rate integrity.
The Doral submarket continues to experience robust growth, with new commercial and residential developments enhancing the area's appeal. The city's pro-business environment, excellent infrastructure, and strategic location within Miami-Dade County create an ideal foundation for long-term asset appreciation and performance improvement.
This offering presents investors with a rare opportunity to acquire two stabilized hotel assets with proven operating histories, attractive cap rates, and excellent positioning within a thriving hospitality market. The properties can be purchased individually or as a portfolio, providing flexibility for different investment strategies.
PROPERTY OVERVIEW
Wingate by Wyndham Miami Airport
The Wingate by Wyndham Miami Airport represents a premium investment opportunity with its newer construction, upscale positioning, and strategic location.
  • Built in 2017
  • 84-rooms
  • 52,212 square feet on a 1.13-acre lot
  • Located at 3755 NW 78th Avenue in Doral, FL 33166.
  • The property's recent construction minimizes immediate capital expenditure requirements, while its CC (Commercial Central) zoning provides flexibility for future uses.
As a relatively new construction, the Wingate by Wyndham offers modern amenities and contemporary design that appeals to today's discerning business and leisure travelers. The property's affiliation with Wyndham, one of the world's largest hotel franchisors, provides access to a robust global distribution system, established loyalty program, and comprehensive marketing support that drives consistent demand and rate integrity.
Strategic Location
Positioned near Miami International Airport with complimentary shuttle service operating every 2 hours from 7am to 8:30pm. Proximity to major employers including Cisco, Amadeus, and PepsiCo drives consistent corporate demand, while nearby retail destinations such as Miami International Mall and Dolphin Mall attract leisure travelers.
Modern Amenities
The property features a heated outdoor pool, 24-hour business center, dedicated conference facilities, and contemporary guest rooms equipped with all modern conveniences. Forward-thinking amenities like EV charging stations position the hotel favorably with environmentally conscious travelers and corporate clients with sustainability initiatives.
Financial Performance
With a 6% cap rate, the Wingate by Wyndham offers attractive current returns with upside potential through strategic revenue management and operational optimizations. The property's newer construction minimizes near-term capital expenditure requirements, enhancing cash flow projections.
The hotel's emphasis on business traveler amenities, including its 24-hour business center, conference facilities, and reliable WiFi, positions it strongly within the corporate travel segment. Meanwhile, leisure-focused features like the heated outdoor pool and proximity to major shopping destinations ensure the property captures weekend and holiday demand effectively.
The Wingate by Wyndham's recent construction provides investors with a turnkey operation requiring minimal immediate capital improvements. Its modern design and systems also contribute to operational efficiency, with newer building systems typically requiring less maintenance and offering better energy performance than older properties.
Wingate by Wyndham Miami Airport
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EXTERIOR & GUEST ROOMS
LOBBY & AMENITIES
PROPERTY OVERVIEW
Quality Inn Miami Airport
The Quality Inn Miami Airport represents an attractive investment opportunity with its strategic location and recently renovated facilities.
  • Built in 1990 and comprehensively renovated in 2018
  • 129-rooms
  • 2.93-acre lot with 49,700 square feet of building space.
  • Located at 3959 NW 79th Avenue in Doral, FL 33166,
  • The hotel benefits from CC (Commercial Central) zoning, offering flexibility for future development or repurposing if desired.
The property's location provides exceptional accessibility to key demand generators throughout the Miami-Dade area. Situated just 8 miles from Miami International Airport, the hotel captures significant airport-related demand from both business and leisure travelers. The complimentary airport shuttle service operating from 7am to 7pm further enhances its appeal to this market segment. Additionally, the hotel's proximity to CityPlace Doral (0.8 miles) and the Brightline Train Station (10 miles) positions it favorably to capture demand from shopping tourism and regional transportation users.
Accommodations
129 well-appointed guest rooms featuring microwaves, refrigerators, premium bedding, and modern amenities designed to meet the needs of today's travelers.
Amenities
Seasonal outdoor pool, business center with internet access, complimentary hot breakfast, free WiFi, and ample parking including bus/RV/truck accommodation.
Financial Performance
The property generates consistent cash flow with a favorable 7% cap rate, reflecting its strong position in the market and operational efficiency.
The 2018 renovation has positioned the Quality Inn competitively within its market segment, refreshing guest rooms and public spaces to meet current brand standards and guest expectations. The property's affiliation with Choice Hotels provides access to a robust reservation system, established loyalty program, and national marketing initiatives that help maintain healthy occupancy levels and average daily rates.
With its generous lot size, the property also offers potential for future expansion or redevelopment, providing investors with multiple avenues for long-term value creation beyond the current operating model.
Quality Inn Miami Airport
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EXTERIOR & GUEST ROOMS
LOBBY & AMENITIES
MARKET OVERVIEW: Doral, Florida
Doral, Florida represents one of the most dynamic and rapidly evolving submarkets within Miami-Dade County. This thriving city has transformed from a primarily industrial area into a vibrant mixed-use community with strong commercial, residential, and hospitality components. Understanding the market fundamentals driving Doral's growth is essential for evaluating the long-term investment potential of the subject hotel assets.
Highlights
Doral ranked #3 best small city for small businesses in the US by Go.Verizon
Certified by World Council on City Data as a Platinum-level "Smart City"
Doral ranked #22 in Money Magazine's list of top 50 cities to live in
Recently recognized as the fastest-growing city in Florida and 11th in the country (US Census)
Named #2 of America's Top 25 towns to live well (​Forbes​)
City of Doral ranks 51st in Top 100 Places to Live and Launch a Business. (CNN Money)
Named the 3rd Best Place in the USA to Retire (US News & World Report)
Best City in Florida for Business Start-ups (BusinessWeek)
Location and Accessibility
Doral's strategic location provides exceptional connectivity to key transportation nodes and regional demand generators. Situated just west of Miami International Airport—the nation’s #1 airport for international freight and Florida’s busiest passenger airport with over 45 million annual passengers pre-pandemic—the city captures significant lodging, logistics, and commercial demand from both domestic and international travelers. The area is serviced by three major highways which including the Palmetto Expressway (SR 826), Dolphin Expressway (SR 836), and Florida’s Turnpike, enabling seamless access to Downtown Miami (approximately 15 miles east), Miami Beach, PortMiami—one of the nation’s leading container ports—and other vital South Florida destinations. Doral is also located just one mile from the Hialeah Intermodal Rail Yard, providing multimodal freight connectivity. With proximity to over 30 business parks and a concentration of multinational headquarters, Doral stands as a premier hub for trade, commerce, and hospitality in the region.
Economic Drivers
Corporate Presence
Doral has emerged as a significant corporate hub, hosting regional headquarters and major operations for companies including Carnival Cruise Lines, Perry Ellis International, Univision, and World Fuel Services. The area's business-friendly environment, proximity to Latin American markets, and strategic location within Miami-Dade County have attracted numerous multinational corporations, driving steady corporate lodging demand throughout the year.
Retail and Entertainment
Major retail destinations including Dolphin Mall, Miami International Mall, and CityPlace Doral generate substantial visitor traffic. These retail centers, featuring hundreds of stores, restaurants, and entertainment venues, attract both local residents and international tourists, particularly from Latin America, who often visit specifically for shopping purposes. This retail tourism creates consistent demand for short-term accommodations.
Events and Recreation
The Trump National Doral Miami golf resort, home to the renowned Blue Monster course, attracts golf enthusiasts and has historically hosted PGA Tour events. Additionally, Doral's growing roster of annual events, conferences, and cultural festivals contributes to periodic demand surges throughout the year, benefiting area hotels through compression during these high-demand periods.
Major Employers
Doral is home to a robust and diverse employer base spanning industries such as logistics, healthcare, technology, defense, finance, and media. Notable employers include Amadeus North America, BE Aerospace, Blue Cross and Blue Shield of Florida, Brinks Incorporated, Hellmann Worldwide Logistics, and the Federal Reserve of Atlanta. The city also benefits from a strong presence in healthcare and government with institutions like Leon Medical Center, UHealth Doral Medical Center, Jackson Regional Medical Center, and the U.S. Southern Command. Additionally, companies like AIR Express International, KLX Inc., Supreme International, USA Bouquet, and World Kinect contribute to the city’s economic vitality.
Within a two-mile radius are key demand generators including Goya Foods, an Amazon Delivery hub, and the Miami International Airport & Cargo District, further reinforcing Doral’s position as a major employment and commercial center in South Florida.
Education & Workforce
Doral offers access to a highly educated and skilled workforce, supported by a strong educational infrastructure that includes over 10 colleges, universities, and technical schools. The city is also home to numerous public, charter, and private schools—many of which consistently earn “A” ratings—ensuring a well-prepared talent pipeline. Recognized by Forbes for its highly educated population, Doral continues to attract businesses seeking a qualified and competitive labor pool.
Quality of Life
Diverse Living Options
From single-family homes to chic condos, Doral offers a range of modern housing to suit every lifestyle.
Lush Green Spaces
Doral has been recognized as a Tree City USA for over a decade, with 11 beautiful public parks to explore.
Recreation
Doral was given the Playful City USA designation, due to its ample recreational amenities and family-friendly activities.
$150M Parks Investment
The city has approved a significant bond to further enhance its impressive network of green spaces and public facilities.
Amenities & Lifestyle
Doral offers a dynamic blend of lifestyle and business amenities, making it an attractive destination for both companies and residents. The city is home to the renowned Trump National Doral and its iconic Blue Monster Golf Course, providing world-class leisure and hospitality experiences. With over 30 business parks and a nationally recognized pro-business environment, Doral combines cultural vibrancy with economic opportunity, earning accolades from Forbes as one of the top towns to live and work well.
MARKET PERFORMANCE METRICS
The Doral hotel market has demonstrated resilience and growth over recent years. Pre-pandemic, the submarket consistently outperformed broader Miami-Dade County averages in both occupancy and average daily rate (ADR) growth. While the COVID-19 pandemic created significant disruption, the market has shown strong recovery, particularly in segments less dependent on international travel, such as regional business travel and domestic tourism.
Current market metrics indicate stabilized occupancy levels in the 70-75% range across the competitive set, with ADRs continuing to trend upward as the market fully recovers from pandemic impacts. The limited pipeline of new hotel development in the immediate area suggests favorable supply-demand dynamics for existing assets in the near to medium term.
As of Q4 2022, the Doral submarket achieved an average occupancy of 73.2% and an average daily rate of $165, outpacing the Miami-Dade County averages of 68.4% and $160 respectively. This strong performance is driven by the area's diverse demand generators, including corporate travel, leisure tourism, and group business.
INVESTMENT HIGHLIGHTS
The acquisition of the Quality Inn Miami Airport and Wingate by Wyndham Miami Airport presents investors with compelling advantages in a robust hospitality market. These assets offer a rare combination of stable current returns and multiple avenues for future value enhancement through strategic management initiatives and market positioning.
Prime Locations
Both properties enjoy excellent visibility and access in the heart of Doral, just minutes from Miami International Airport and major highways.
Strong Brands
Affiliations with Choice Hotels and Wyndham provide global distribution systems, loyalty programs, and marketing support.
Quality Assets
Recent renovations and modern construction minimize immediate capital requirements and position properties competitively.
Attractive Returns
Current cap rates of 6-7% provide immediate cash flow with opportunities for performance enhancement.
Strategic Advantages
Demand Generators
The properties benefit from multiple, diverse demand generators that ensure year-round occupancy from various market segments. Miami International Airport, with its tens of millions of annual passengers, provides a consistent source of transient lodging demand. Major corporate offices in Doral and the broader Airport West market drive business travel demand during weekdays. Meanwhile, proximity to premier shopping destinations like Dolphin Mall, Miami International Mall, and CityPlace Doral attracts leisure travelers and shopping tourists, particularly during weekends and holiday periods. This balanced demand profile helps minimize seasonal fluctuations and reduces reliance on any single market segment.
Operational Efficiencies
The close proximity of the two hotels (approximately 0.3 miles apart) creates potential operational synergies for an investor acquiring both properties. Shared management, sales, maintenance, and housekeeping resources could generate significant cost savings while maintaining or enhancing service levels. Additionally, the complementary positioning of the hotels—with Quality Inn serving the economy segment and Wingate by Wyndham targeting the upper midscale segment—allows for strategic rate positioning and inventory management to maximize revenue across different price points and traveler types. These operational efficiencies can drive immediate NOI improvement without requiring significant capital investment.
Value Enhancement Opportunities
1
Revenue Management Optimization
Implementation of sophisticated revenue management strategies could potentially increase ADR and RevPAR at both properties. Analysis suggests opportunities for more dynamic pricing, optimized channel mix, and strategic positioning against competitive sets.
2
Operational Enhancements
Streamlined operations, particularly in back-of-house functions, could improve margins while maintaining service levels. Energy efficiency upgrades could also reduce operating expenses.
3
Food & Beverage Development
Expansion of F&B offerings beyond the current complimentary breakfast could create additional revenue streams through grab-and-go concepts or limited service restaurants.
4
Alternative Use Considerations
The Commercial Central (CC) zoning of both properties permits a wide range of potential uses, providing flexibility for future redevelopment or repurposing as market conditions evolve.
The combination of stable current returns, operational efficiency opportunities, and long-term strategic flexibility makes these assets particularly attractive in the current investment climate. With limited new supply in the pipeline for the Doral submarket, existing assets are well-positioned to benefit from continued market growth and strengthening performance metrics.
FINANCIAL SUMMARY
A comprehensive financial analysis of both hotel properties reveals strong operating fundamentals and attractive investment metrics. While detailed financial information is available under confidentiality agreement, this section provides a high-level overview of the performance indicators and investment parameters that define this opportunity. All parameters below are based on 2024 performance.
Investment Parameters
Performance Highlights
Both properties have demonstrated resilient performance through market fluctuations, including the challenging period of the COVID-19 pandemic. The assets have shown strong recovery trajectories, with key performance indicators approaching or exceeding pre-pandemic levels in recent reporting periods. This performance resilience speaks to the strength of the Doral submarket and the competitive positioning of both hotels within their respective market segments.
Revenue Trends
The properties have exhibited positive revenue trends over the trailing 12-month period, with consistent month-over-month growth in both occupancy and average daily rate (ADR). The Quality Inn has maintained occupancy levels averaging 89% range, while the newer Wingate by Wyndham has achieved occupancy rates averaging 91%. Both properties have successfully implemented strategic rate increases in response to strengthening market conditions, with minimal impact on occupancy performance.
Expense Structure
Operating expenses for both properties fall within industry norms for their respective segments and age classifications. The Quality Inn benefits from economies of scale with its larger room count, while the Wingate's newer construction contributes to efficiency in utilities and maintenance expenses. Both properties maintain healthy GOP margins that compare favorably to national averages for their respective chain scales, indicating effective operational management and cost control measures.
Capital Expenditure Considerations
The recent renovation of the Quality Inn (2018) and the relatively new construction of the Wingate by Wyndham (2017) minimize immediate capital expenditure requirements for both properties. The Quality Inn operates under a franchise agreement with Choice Hotels that extends several more years before renewal, while the Wingate's Wyndham franchise agreement has substantial remaining term. Both properties are currently in compliance with all brand standards, further limiting required capital investments in the near term.
Financial Package Access
Detailed financial information, including historical operating statements, current year performance, capital expenditure history, and projections, is available to qualified investors upon execution of a confidentiality agreement. The comprehensive financial package includes line-item revenue and expense detail, segmentation analysis, monthly performance trends, and forward-looking projections based on conservative growth assumptions.
Serious investors are encouraged to contact our brokerage team to request the confidential information memorandum containing complete financial details and supporting documentation for proper underwriting of this investment opportunity.
CONTACT INFORMATION
Pete Cabrera
Direct: 305-962-0804
Fernando Arencibia Jr
Direct: 786-512-3745
Jennifer Wollmann
Direct: 305-776-2792
Our experienced investment sales team stands ready to provide comprehensive information and facilitate the acquisition process for these exceptional hotel assets. With decades of combined experience in the Florida CRE market, our specialists offer unparalleled market knowledge, transaction expertise, and relationship-based service to ensure a smooth and successful investment process.
Transaction Process
Interested investors are invited to follow a structured process designed to provide equal access to information while maintaining confidentiality and transaction integrity:
  1. Initial Inquiry: Contact our team via phone or email to express interest and discuss preliminary qualification criteria.
  1. Confidentiality Agreement: Execute our standard confidentiality agreement to receive the Confidential Information Memorandum with detailed property and financial information.
  1. Property Tour: Schedule a personal tour of the properties with our team to observe physical condition, operations, and location attributes firsthand.
  1. Due Diligence Support: Request additional information or clarification as needed through our structured due diligence process.
  1. Offer Submission: Submit formal offers according to the guidelines provided in the offering memorandum.
"Our team is committed to facilitating a transparent, efficient transaction process that meets the needs of sophisticated hospitality investors. We pride ourselves on providing accurate, comprehensive information and responsive, professional service throughout the investment process."
For immediate assistance or to schedule a property tour, please contact Pete Cabrera, Fernando Arencibia Jr or Jennifer Wollmann.
Our offices are conveniently located in Miami, with team members available for in-person meetings, property tours, and presentations at your convenience. We look forward to discussing this exceptional investment opportunity with you and welcome your inquiry.
LEGAL DISCLAIMER
This Offering Memorandum has been prepared solely for informational purposes to assist interested parties in evaluating the subject properties. All information contained herein is believed to be reliable but is not guaranteed and should be independently verified by prospective buyers.
Information Reliability and Verification
While considerable effort has been made to ensure the accuracy of the information presented in this document, no warranties or representations, express or implied, are made as to the accuracy or completeness of the information contained herein. Financial projections, market analyses, and other forward-looking statements are provided for general reference purposes only and are based on assumptions that may not materialize and may be affected by circumstances beyond the control of the property owner, the broker, or their respective agents.
All square footage, dimensions, and other measurements are approximate and should be independently verified by prospective purchasers. Information regarding property condition, rental rates, incomes, expenses, and occupancy is subject to change and should be verified through due diligence processes prior to purchase commitment.
Confidentiality and Use Restrictions
Confidential Information
This Offering Memorandum contains confidential information regarding the property and is subject to the terms of any confidentiality agreement executed between interested parties and the broker. Recipients are strictly prohibited from duplicating or distributing this document or any portion thereof to any person or entity without prior written authorization.
No Offer or Solicitation
This document does not constitute an offer to sell or a solicitation of an offer to buy the property. No binding agreement