Wyndham Garden

Price: $6,200,000

Location: AL

Units: 99

NEW LISTING

Property Overview:

This contemporary 99-unit full service Wyndham Garden is  enviably located on a major US Highway and situated on +/- 2.00 acres of land with breathtaking lakefront views.  Additionally, the property is located within close proximity to a myriad of area demand generators.

The facility, built in 1985, is comprised of (1) 2 ½ story building (2-story on the parking lot side, and 3-story on the lake side), containing 99 exterior corridor guest rooms, breakfast room, heated outdoor swimming pool with lakeside patio, fitness center, business center, restaurant, lounge, game room, playground, and two meeting rooms totaling 1,080 square feet, all of which is situated on +/- 2.00 acres of land with breathtaking lakefront views.

Physical Features: 

  1. Built in 1985
  2. +/- 2.00 Acres of Land
  3. 2 ½ story building (2-story on the parking lot side, and 3-story on the lake side)
  4. Restaurant & Lounge
  5. Outdoor Swimming Pool with Lakeside Patio
  6. Fitness Center
  7. Playground & Game Room
  8. (2) Meeting Rooms

Investment Considerations:

  1. The property is situated on +/- 2.00 acres of land with breathtaking lakefront views of pristine Lake, and located within close proximity to an array of area demand generators
  2. The property is being offering without management encumbrances
  3. Absentee ownership offers excellent upside potential for an aggressive operator to drive revenues while improving the bottom line
  4. Priced well below replacement cost and under 3.0 times Room Gross Multiple
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