PRICE REDUCTION
Property Overview:
This 96-unit limited service Red Roof Inn & Suites is ideally located just off 2 major Interstates, and within close proximity an array of area demand generators.
The facility is two-story “U” shaped structure consisting of 96 exterior corridor guest rooms, large spacious lobby, breakfast room, and guest laundry, all of which is situated on +/- 4.00 acres of land.
Physical Features:
- Exterior Corridor Guestrooms
- Two-Story Building
- Guest Laundry
- Solid Construction
- +/- 4.00 Acres of Land (Fee Simple)
Investment Considerations:
- Ideally located just 2 major interstates, and within close proximity to an array of area demand generators
- Operated by a 3rd Party Management Company
- Priced well below replacement cost at $28,096 per unit
- Excellent investment opportunity for a first-time buyer
- Red Roof Inn voted America’s Best Budget Hotel Brand by USA Today Readers for 2017 & 2018
- Absentee “out of state” ownership
