51 room exterior corridor hotel for sale in North Carolina

NC

51 room exterior corridor hotel for sale in North Carolina
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Asking Price: $1,950,000

Cash Flow: N/A

Gross Revenue: $491,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

51 room exterior corridor hotel for sale in North Carolina

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Business Description

Beautifully maintained, extensively renovated, franchise hotel with on-site owner's suite and outdoor swimming pool in established hotel zone conveniently located off Interstate 85.

No of rooms: 51. Revenue is based on 48 rooms.
Year Built: 1996
Corridor: Exterior
Property Type: Hotel & Motel
Property Sub-type: Economy/Limited Service
Story: 2
Cap Rate: 14.2%
Minimal PIP
Owner operated / Unencumbered by management

Great opportunity for owner-operator and investors. 2019 revenue is estimated to be much higher than 2018. Steady cash flow with upside revenue potential. This hotel offers an owner / operator a two-bedroom manager' s apartment. Conveniently located off I-85 near restaurants, shopping with several local sites of interest.

Confidential offering. All showings strictly by appointments only.

For more information on this property or other hotels for sale, please send your detailed criteria and proof of funds to Madhur Gupta or visit www.rplusi.com. Information in this listing has been provided by the seller and reliable third parties, but is not guaranteed and is subject to change without notice. Buyer must independently verify this information for accuracy or completeness.

Detailed Information

Business Website:
http://www.rplusi.com
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(from currently available funds)
 
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Madhur Gupta

Business Listed By:
Madhur Gupta

Madhur Gupta

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