Property details

Best Western Hotel For Sale, Mountain - Prairie Region

Property Description

Best Western Hotel For Sale

New property in long underserved market. Major energy companies as clients. 80 Units, 1,200 sf Meeting Space,Separate Breakfast Area, Indoor Pool, Business Center, Fitness Center.

Energy demand generators. Nicest & Newest lodging property in town. Gross revenues in 2011 already ahead by $152,000 over 2011.


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Highlights

Status:
Available
Price:
$7,300,000
PSF:
$149
Cap Rate:
12.00%
Annual Rent:
$859,105
 

Property Information

Building Size:
49,000 sq.ft.
Property Type:
Hotel
Industry Type:
Hotel - Motel - Inn
Units/Spaces:
80
Year Built:
2009
Land Area:
14.07 acres
Purchase Tenure:
Fee Simple
 

Existing financing information

Interest rate:
0.0%
Amortized over:
0 years
Annual Cash Flow:
$859,105
Cash on Cash Return:
11.77%

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.