This 5 year-old, 3 story hotel has 80 rooms and suites with elevator. Some of its amenities include: interior corridors, business center, fitness room, guest laundry, and meeting room. Motivated absentee owner, must sell! Upside potential for new owner-operator. 2018 Trip Advisor Certificate of Excellence Award and 2017 “Best of Microtel” award from Wyndham. Cap Rate of 10%, 2.00 Room Revenue Multiplier, and $18,750 Price per Room.
Type of Service: Limited-Service.
Market Segment: Economy
Source of Business: Commercial, Leisure, Group.
Hotel Amenities: Non-Smoking Hotel, High Speed Internet, Ice & Vending Machines.
Room Amenities: Coffee Maker, Refrigerator, Microwave, Flat Screen TV.