The original building was built in 1966 of CBS construction and contains 38 exterior corridor units. The roof on this building was replaced in 2001. The second building was built in 1999 and contains 50 interior corridor units, a large lobby, continental breakfast area, workroom, and 1,500 sq. ft. of meeting space that will accommodate up to 100 people. Both buildings are in superb condition. Current ownership is absentee, and has business interests in other parts of the state.
The site could also accommodate an additional building on the south side of the property, which could contain an additional 44 rooms. The way the property is laid out, it could be an excellent opportunity for a dual branded site.
This is a wonderful opportunity for an experienced hotelier in an excellent market. The property is priced at $44 K per key, with land for another 44 units. It has yet to realize its full potential, and is awaiting a "hands on" owner to get it repositioned and start reaping the rewards.
