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Hotel For Sale • 40,073 SF
| Since 2022, this 80-room hotel has averaged $1,628,454 in annual rooms revenue, demonstrating stable top-line performance. |
| Per the February 2025 STR data, the hotel ranked third out of five in terms of both ADR and in RevPAR, underscoring strong potential for rate growth. |
| Based on the pricing guidance, the deal underwrites to an attractive 2.99x RRM based on the hotel’s TTM rooms revenue through February 2025. |
| This offering provides an investor the opportunity to acquire a well-performing, IHG-branded asset at a pre-PIP basis of $70,000 per key. |
| Upon completion of the change-of-ownership PIP, an investor can expect a new long-term franchise license agreement with InterContinental Hotels Group. |
| This offering provides an investor the opportunity to acquire a recently renovated asset with operational upside in a rapidly growing market. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Jackson-Medgar Wiley Evers International | 43 min | - | 30.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 99 |
| Type: | Surface |
| Included in Rent: | Yes |
