PRICE REDUCED! Now Offered at $23,109 Price Per Key. Nice Box – 4 Story Comfort Inn. 119 keys. Alternate use as Senior Living Facility. Or stay Comfort Inn for low, discounted transfer fee. Upside potential to increase room revenue under new management. Room revenue in 2019 was $915,000. Hotel is under-performing the market comp set in occupancy and ADR. 2020 revenue YTD is tracking 2019 revenue. Located off interstate on main commercial corridor. Close to many dining and retails stores. Convenient to cultural attractions, large customer service center, auto manufacturer, University, and Hospital. In Urban Top 100 Market! The Choice Transfer Fee is Discounted to Just $5K!
Renovation: $1.5M in 2015-2016
Type of Service: Limited-Service
Source of Business: Commercial, Leisure, Corporate, Transient
Hotel Amenities: Non-Smoking Hotel, High Speed Internet, Free Parking & Truck/Bus Parking.
Room Amenities: Cable TV, Refrigerator, Microwave, Iron & Iron Board.
|Net Operating Income||$230,690|
|Per Unit Price||$84,615|
|Room Revenue Multiplier||5.10|
|Room Revenue per Room||$16,757|