Hotel For Sale • 31,918 SF
Turnkey Investment: Two-story interior corridor hotel, built in 1997 and fully renovated in 2024, with strong ADR performance and fully PIP-compliant. |
Exceptional Value: Listed at $2.5MM, well below the appraised value of $3.1MM, with a TTM Revenue of $786,829 and a revenue multiplier of 3.17x. |
Growth Potential: Operated by an absentee owner with a low Market Penetration Index (RGI) of 47.8, offering significant upside under active managemen |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 62 |
Type: | Surface |
Included in Rent: | Yes |