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PROPERTY FOR SALE:
NORTH CAROLINA

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Location: North Carolina, I-85
Number of Units: 69
Year Constructed: 1997
Corridors:  Interior
# of Stories: 2
Chain Affiliated ? : Yes
Cost to Transfer Franchise: $ 50,000
AAA Rated ? : Yes

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Asking Price: $ 4,400,000 now $ 4,200,000
Gross Rooms Revenue: $ 984,828
Gross F&B Revenue: N/A
Gross Other Revenue: 5,000
Annual Property Taxes: $ 40,000
Annual Insurance Costs: $ 23,000
Seller/Private Financing Available ?: Yes

Other Property Included: N/A

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Other Information: This super-clean, prominently franchised property is located on a busy interstate in North Carolina.   It has been well taken care of, it includes an easily-manageable 69 guest rooms including a meeting room.   Recent renovation projects include new lobby tile work and furniture, new breakfast bar (serving hot breakfast), exteriors recently painted, doors & furniture refinished, new wallpaper and new carpeting on the second floor units.  

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Interested? If you would like to obtain more information about this property-for-sale, please complete and submit the form below.  Upon receipt of this form, the property owner will be notified of your inquiry, and you will receive a subsequent email, sent to the Email address you specify below, from LodgingIndex regarding this property.   Thereafter, discussions can start directly between you and the property owner.   In order to receive additional information, please make sure that you complete the form below and include an accurate, valid EMail address!   By submitting the form below, the inquirer agrees that all subsequent information obtained as a result of this inquiry is strictly confidential and is not to be disclosed to or shared with any outside parties.  Please refer any additional interested purchasers directly to www.lodgingindex.com.

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All of the above information was obtained from the seller of the property and is deemed reliable, but not guaranteed.  LodgingIndex and its representatives assume no liability.  All information should be verified by the buyer.

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