24058 Sussex Hwy - Hospitality FOR SALE
Seaford, DE 19973 |
24058 Sussex Hwy
Seaford, DE 19973
HIGHLIGHTS
- Property tours are by APPOINTMENT ONLY. Any attempts to visit/contact property without agent approval will result in a ban from all future listings
- Fee Simple Interest in the 81-Room, 4-Story, Non-Operational, Interior Corridor, Former Holiday Inn Express in Seaford, Delaware
- Located on 1.46 Acres approximately 30 miles from Rehoboth Beach, Delaware
- Shut-Down Property with Potential to Reposition as Holiday Inn Express, Best Western, or Wingate
- Pro-Forma Stabilized Revenue of $2,500,000+ with a Stabilized NOI of $850,000+ Based on STR Competitive Set
- Competitive Set RevPAR of $86.32 in 2022
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
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BUILDING DETAILS
PROPERTY NAME
Seaford Inn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
32906
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1998
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
Hospitality
APN/PARCEL ID
331-05.00-68.00
