CENTURY 21 Summit Realty
Listed by CENTURY 21 Summit Realty
$2,500,000
31901 US Highway 2
Details
APN 56417504107060000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 17
Year Built 1971
Acreage 1.187
Parking Spaces 20
Multifamily | 17 Units
Marketing description
This well-maintained 16-unit hotel is an excellent investment opportunity! Ideally situated close to local amenities, this property offers a convenient stay for guests while ensuring an inviting atmosphere. Clean and comfortable rooms which are meticulously maintained, providing a welcoming space for guests. Just minutes away from restaurants, shops, and attractions, making it a desirable choice for travelers. There is a dedicated, livable space for on-site management enhancing operational efficiency and guest satisfaction, and A relaxing outdoor area for guests to unwind or for potential outdoor activities. This hotel has a large parking lot accommodating guests and staff, ensuring easy access. The Sandman has a strong occupancy rates in a thriving area with potential for growth with added amenities or services. Cap rate is 5%.
Listing Contacts
CENTURY 21 Summit Realty
Listed by CENTURY 21 Summit Realty
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