Property Overview

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 at 1.9x revenue multiplier and a 14% cap rate, with revenues continuing to rise.

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