 |
|
|
|
|
Sunday, September 05, 2010
|
|
|
|
|
|
|
Property Name: |
Comfort Inn |
| Units: |
51 |
| State: |
NC |
| List Price: |
$1,950,000 |
| |
|
| |
|
| |
|
| |
|
| Physical Features |
- Outdoor pool
- Exterior corridors
- Wireless internet
- Spacious lobby/breakfast facility
- Business center
- Guest laundry
|
| Investment Considerations |
- Excellent physical plant
- AAA Rated
- Discount to replacement cost
- Ongoing new development around the property
|
| Property Overview |
The Property is an exterior corridor limited service Comfort Inn. The facility, is a two story brick and block structure consiting of 51 guest rooms. The property also includes an outdoor pool, attractive lobby, and continental breakfast area all of which is situated on +/- 2.10 acres. |
|
| Financials |
|
2006 |
2007 |
2008 |
2009 |
| Occupancy |
40.27% |
39.84% |
36.47% |
31.88% |
| ADR |
$63.69 |
$68.72 |
$69.94 |
$68.47 |
| Room Revenue |
$477,505 |
$509,617 |
$476,095 |
$406,264 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|