Number of Rooms: 47 suites
Number of Stories: 2
Year Built: 1999
Amenities: Indoor heated pool, meeting room (250 sf), exercise room, breakfast area, business center, in-room sofa bed and desk, in-room refrigerator & microwave.
Franchise: The property was converted from a Quality Inn to a Baymont Inn & Suites in May 2016. It did not go into the Wyndham Reservation System until 6 months later.
History: The property was sold on March 31, 2016 for $2,100,000.00. The property appraised for $2,600,000 at the time of sale.
Management: The hotel is managed by the owner who had no prior hotel management experience before purchasing the hotel. The property has been mismanaged due to the owners lack of hospitality management experience. Based upon the Competitive Set the trailing 12 month STR Report shows the hotel should be doing $718,794. This hotel has a lot of upside.
Prior Room Revenue: 2014 – $793,070 2013 – $650,845 2012 – $615,190
Financial Information: Download PDF (Registered Users Only)
960 Interstate Drive,
- Price: $1,700,000
- Phone Number: 937.438.6700 ext. 1