2625B N Salisbury Blvd - Hospitality FOR SALE
Salisbury, MD 21801 |
2625B N Salisbury Blvd
Salisbury, MD 21801
HIGHLIGHTS
- Property tours are by APPOINTMENT ONLY. Any attempts to visit property without agent approval will result in a ban from all future listings.
- Fee Simple Interest in the Two-Story, 123-Room, Exterior Corridor Motel
- 2020 Performance Uninterrupted by COVID-19 | RevPAR Up 14% Versus 2019
- Offered Below Replacement Cost and Just Under 3X 2020 Gross Room Revenue at 13.5% Cap Rate
- Potential Rebranding Opportunity to Multiple Franchises
- SBA(7A) Financing Available with CARES Act Incentives for Qualified Buyers
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Americas Best Value Inn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
15801
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1962
PARKING SPACES
164
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
General Commercial
APN/PARCEL ID
05-042933
