3200 W Russell St
- 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
Property Description
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
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $3,900,000 |
| No. of Units: | 98 |
| Year Built: | 1975 |
| Lot Size: | 4.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $39,796 |
| Property Website | Click Here |
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