Travelodge by Wyndham-Escanaba, MI
Hospitality | 50 Keys
Marketing description
The TraveLodge hotel was built in 1990 and features two-story construction, vinyl/wood exterior w/decorative brick facade, metal roof, interior corridors, spacious lobby, breakfast area, spa, and commercial laundry. There are 50 guest rooms, consisting of one-room suites, double and single rooms with new queen size and/or double beds and one room with a new king bed. Room amenities include high-speed wireless Internet access, new 42” LG flat screen television w/cable & HBO, direct-dial telephone, electronic door lock, coffeemaker, refrigerator, micro-wave oven, hair dryer, alarm clock and iron/ironing board. The parking lot was recently repaired, sealed, and striped. It is well-lit and offers electrical hookups for trucks. There is landscape stone and occasional shrubbery around the perimeter of the building. Many recent renovations, CapEx list available. The hotel was part of CHOICE Hotels until converting to TraveLodge in 2019.
Investment highlights
-In town highway location in a good year round market.
-Good condition with many recent renovations and minimal PIP expected for new owner.
-Great owner operator with upside opportunity to increase top line revenue and streamline operating expenses.
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