Location: Major east-west interstate
Price: $$6,250,000
Rooms: 86
Price Per Key: $$72,674
Property Type: All Suites - Limited service with expanded continental breakfast
Revenue: $$1,808,064 *

Description

• New Four Story "All Suite" Prototype
• Attractive Curb Appeal
• Convenient to Major Attractions
• Upgraded Lobby/Breakfast Area
• Keyless Entry
• Indoor Pool /Whirlpool
• Individual HVAC
• High Speed Internet
• Microwave/Mini Fridge
• Fitness Center
• Sofa Sleepers
• Iron/Boards
• Coffee Maker
• Guest Laundry

Overview

* Revenue based on a Stabilized Proforma of 72% OCC and $80.00 ADR

This newer property features interestate visibility in one of the fastest growing university towns in the central US, with the population now exceeding 100,000. The aea offers a beautiful landscape of picturesque, tree covered rolling hills and rugged bluffs, all of which contribute to the beauty of the area. Besides its atractive scenery, the city has become a major regional medical service center, including three major hospitals. Another, and more significant, demand generator is a major 4 year university with a student/faculty population approaching 30,000. In addition, there are two other four year private colleges. Although this hotel is still in the "ramp up" stages, it offers a lifestyle opportunity as well as the ability to purchase a great flag featuring the latest prototype.

Can be purchased with two other confidential listings, Super 7, Central US and LaQuinta, Central US. All three properties are within a two hour drive.

Contact

Brent A. Jaynes ~ 913-894-5252
info@leisurerealestate.com

Additonal Information