NEW LISTING!! This 2-story, budget-friendly, 76-room Red Roof Inn has a great location close to numerous year-round demand generators. The owners are retiring and motivated to sell. They completed a $1.5MM total renovation of all the guestrooms 3 years ago. Room revenues have doubled since those updates were done. As a bonus, a very profitable and popular restaurant and a bar/lounge are operating onsite. Excellent opportunity for an owner-operator to take over an already successful business in a stable hotel market, with very limited new supply anticipated this year. To receive the MBA Hotel Brokers Offering Memorandum on this property, please click on the link below to complete a Confidentiality Agreement.
Confidentiality Agreement/Offering Memorandum
Listing Associate Broker: John Downes, john@mbahotels.com, 410-746-5609.