Confidential ,
$17,500,000
2016 Built
Commercial
93 ROOM FRANCHISE HOTEL FOR SALE. Land size 2acre approx. 4 storey heights. Built in 2016. EXCELLENT CONDITIONS. No PIP currently. Fee simple. Current owner since 2016, and is not involved in the business. Operated by a manager, non-unionized, # of employees 20. License Agreement with Holiday Inn Express and Suite. 2023 SALE $4,576k. CAP Rate 10.7% on $17.5m. A QUALIFIED BUYER ONLY, NDA & BUYER'S FINANCIAL VERIFICATION REQUIRED.