Listed by The Jonna Group at Colliers International
$1,835,000
Red Roof Inn
Details
Property Type Hospitality
Sub Type Hotel
Square Footage 37,198
Beds 59
NOI $183,618
Year Built 1974
Year Renovated 2014
Buildings 1
Acreage 4.100
Hospitality
Marketing description
For Sale
Investment highlights
- Easily Accessible by Freeways & Major Transportation Routes
- Versatile Layout for Various Hospitality Concepts
- Established Presence in the Market
- Redevelopment Opportunity
- Price/Room: $37,457.99
Listing Contacts
Listed by The Jonna Group at Colliers International
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$183,618.22
$15,301.52/mo
Valuation Metrics
0
DSCR
10.01%
Cap Rate
10.01%
ROI
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