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24058 Sussex Hwy
Seaford, DE 19973

Price Upon Request

Hotel For Sale • 32,906 SF

Property Details

Property Type Hotel
Total Building Size 32,906 SF
Lot Size 2.01 AC
Building Class C
Year Built 1998
Zoning Hospitality

0 Transit Score

39 Walk Score

                
                    Highlights
                
                                Property tours are by APPOINTMENT ONLY. Any attempts to visit/contact property without agent approval will result in a ban from all future listings
                            
                                Fee Simple Interest in the 81-Room, 4-Story, Non-Operational, Interior Corridor, Former Holiday Inn Express in Seaford, Delaware
                            
                                Located on 1.46 Acres approximately 30 miles from Rehoboth Beach, Delaware
                            
                                Shut-Down Property with Potential to Reposition as Holiday Inn Express, Best Western, or Wingate
                            
                                Pro-Forma Stabilized Revenue of $2,500,000+ with a Stabilized NOI of $850,000+ Based on STR Competitive Set
                            
                                Competitive Set RevPAR of $86.32 in 2022

Amenities

Business Center
Fitness Center
Pool
Meeting Event Space

Public Transportation

Airport	Drive	Walk	Distance
Salisbury-Ocean City Wicomico Regional	40 min	-	26.2 mi

Prashant Merchant 757-589-6954 Colliers | Virginia

24058 Sussex Hwy Seaford, DE 19973

Price Upon Request

Property Details

Highlights

Amenities

Public Transportation

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24058 Sussex Hwy
Seaford, DE 19973