Property Overview

Recently price reduced, the 2-story Super 8 is in great condition and is an excellent opportunity for an investor to achieve long-term, consistent returns. The hotel is priced under 2.5x revenue multiplier, with projections of greater than an 31% cash on cash return and 13% Cap rate. Contact Ted for all property inspections and questions.

Property Highlights

Asking Price$1,950,000
LocationRoute 24 and US Highway 14
Property DescriptionLimited Service
Number of Rooms58
Major Source of BusinessTourism, Manufacturing & Corporate
Site Size+/- 2.13 Acres
Year Built 1997
Last Year Renovated 2012
Common Area AmenitiesBreakfast Area, Business Center, Guest Laundry & Meeting Room