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Details - Information last confirmed on September 11, 2020
Off-Market hotel in strong infill location, 150+ units, exterior corridor on almost 8 acres available for purchase. The property made over $1.45M in NOI in 2019. $10.3M @ $67,000 per key which is well below new hotel acquisition of over $115,000 per key. Could be a candidate for redevelopment into Multifamily, senior living or multi-tenant office. Principals only or Broker's who can get paid by the buyer. Serious inquiries only please. Seller will not release financials until qualified buyer signs seller's NDA.
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