Great Price Per Key. Well Maintained 2 Story Interior Corridor hotel with 121 Keys and Indoor Pool.
Consistent Demand from 50+ major trucking companies based in the area as well as local manufacturing facilities. Located right along the Interstate and benefits from Leisure travel demand.
Key Investment Highlights:
– Strong Room Revenue & Statistics – $1.45 Million Room Revenue in 2021
– Absentee Managed. Opportunity for Local Management to Optimize NOI – including Reducing Expenses and Raising Rates
– Good Visibility and Easy Access from Interstate – Property borders the Interstate Ramp
– Offered at just 2.33 X 2021 Revenue!
– That is just $27,273 per key for a Performing Interior Corridor Property!
Offered in cooperation with Southeast International Hotel Brokers.