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Sold for $111,717 Recently Sold

5810 South Scatterfield Road
Anderson, IN 46013

Residential
Property Photo
1/7

Sold

Sold for $111,717 on Nov 17, 2017

Description

America's Best Value Inn * 75 units Room Revenue $635,893 * Corporate Managed by Vantage Hotel Management * Opportunity for Owner-Operator to reduce expenses Manager's Apartment * Located at exit 226 of Interstate I-69 in Anderson, IN * Corporate Managed by Vantage Hotel Management Excellent Opportunity for an Owner-Operator to reduce expenses. Listed in cooperation with Huff, Niehaus and Associates.

Features

  • ADR: $47.13
  • Amenities: Outdoor Pool, Manager''s Apartment
  • Corridors: Exterior
  • Floors: 2
  • Land: 2.6 acres
  • No. Rooms: 75 (plus 50 units that can be closed)
  • Occupancy: 49.3%
  • Price Per Room: $20,000
  • Revenue Multiplier: 2.3
  • RevPAR: $23.23
  • Room Revenue: $635,893
  • Total Revenue: $635,893
  • Year Built: 1974

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