Franchise Hotel Everett WA
Description
2 story 120 Unit Hotel, sits on 2.62 acre land, great redevelopment potential, Right off I-5 Exit, close to Boeing, Everett Airport, high visibility, exposure with easy ingress and egress.
Essential Information
- Property Type Hospitality
- Asking Price 4,950,000
- Number of Unit 120
- Room revenue 900,000
- ADR 85
- Occupancy(%) 60%
- Yearly NOI 400,000
- Cap Rate 8
- Year Built 1981
- Year Remodel 2010
- # of buildings 2
- Building Size 45000
- Lot Size (acres) 2.62 Acres
- Franchise or Non franchise Non Franchise
- Interior corridor or exterior corridor Exterior Corridor