Franchise Hotel for Sale in Pennsylvania |
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| Number of Units: 135 | |
| Revenue: 2008: $1,500,000 2009: $1,465,615 |
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| Price Reduced to: $4,700,000 | |
This is a 135 rooms interior corridor full service hotel right off the two major highways. The property has grossed over 1,500,000 in room revenues and about 250,000 on the food and beverage. The NOI for 2008 stood around 550,000. This year of 2009 some drop and according to the owner the expected room reveneus would be in the range of 1,400,000 or over. Lots of renovations done over past few years. |
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Detailed financial package available to qualified and serious buyers only. |
With Times Commercial Realty