Welcome or Register

Welcome

Thank you for visiting today. If this is your first visit, take your time and look around. We have plenty of information and resources available to you. If you are a return visitor, thank you. We would love to hear from you and tell you how I can serve all your hotel real estate needs.

Errol D'Souza
Laurel Real Estate Co. 

P.O. Box 284 
Galena, OH 43021-0284
Office: 740-965-1966
Contact Me
Back to Sold Hotels
Sold for $123,114 Sold

577 State Route 7 North
Gallipolis, OH 45631

Residential
Property Photo
1/10

Sold

Sold for $123,114 on Dec 31, 2014

Description

Quality Inn & Suites - 100 Units Priced at 2.3 times Room Revenue * Previous Holiday Inn, in excellent condition. * Absentee owned by management company. * Consistently strong revenues of $1.1M to $1.2M. * Ideal for owner-operator who can reduce expenses and increase profits.

Features

  • Acreage: 4.5 acres
  • ADR: $75.99
  • Amenities: Meeting Room, Fitness Center, Guest Laundry
  • Corridor / Floors: Interior / 2 Floors
  • Occupancy: 43%
  • Price Per Room: $27,000
  • RevPAR: $32.68
  • Rm Rev Multiplier: 2.3
  • Room Revenue: $1,192,954
  • Total Revenue: $1,331,349
  • Type: Limited Service, Mid Market
  • Year Built: 1972

house realtor mls

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu