Investment Overview
98 Guestrooms + Manager’s Apartment
Price per key: $39,795
Revenue T12 June 2024: $1,377,953
Occupancy T12 June 2024: 70%
ADR T12 June 2024: $53.92
NOI T12 June 2024: $274,033
Net Operating Percentage T12 June 2024: 19.9%
Two-story, Interior Corridor
Hilton, IHG, and other Brand Conversion Opportunity
Discount to Replacement Cost
Growing Population in an Expanding Market
Co-listed with Avison Young
Investment Highlights
- 98 Guestrooms + Manager’s Apartment
- Price per key: $39,795
- Revenue T12 June 2024: $1,377,953
- Occupancy T12 June 2024: 70%
- ADR T12 June 2024: $53.92
- NOI T12 June 2024: $274,033
- Net Operating Percentage T12 June 2024: 19.9%
- Two-story, Interior Corridor
- Hilton, IHG, and other Brand Conversion Opportunity
- Discount to Replacement Cost
- Growing Population in an Expanding Market
- Co-listed with Avison Young