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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
Asking Price:
$ 4,400,000now $ 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
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.