Property Overview:
NEW LISTING
The property is a 99 unit limited-service Comfort Inn. The facility, consist of (1) two-story structure; featuring 99 spacious interior corridor guest rooms, fitness center, outdoor pool, and meeting space, all of which is situated on +/- 4.37 acres of land with excellent interstate and roadside visibility in a high barrier to entry market.
Physical Features:
- Two story building
- +/- 4.37 acres of land
- Outdoor pool
- Fitness room
- Meeting space
- Guest laundry
Investment Considerations:
- Excellent upside based on the December 2022 Star Report as the property significantly trails its competitive set in Average Daily Rate (ADR) & RevPAR penetration
- Absentee ownership with 3rd party management
- Located just off a major interstate and close to numerous demand generators
- Excellent physical plant
- “Move-To-Modern” renovation package has been completed (minimal PIP anticipation upon a change of ownership)
Historical Revenues:
Financial information is available upon request after completion of the required Confidentiality Agreement
