35 Hurricane Ln - Hospitality FOR SALE
Williston, VT 05495 |
35 Hurricane Ln
Williston, VT 05495
HIGHLIGHTS
- Two-story, 96-suite extended stay, renovated in 2016, sits on a 6.21-acre lot providing expansion or conversion opportunities.
- Upper-midscale extended stay offers spacious suites, fully equipped kitchens, a fitness center, an indoor pool, and a meeting spaces.
- Cash-flowing extended stay exceeded pre-covid NOI with a 2022 NOI of 41% at a 77.8% occupancy.
- Centrally located along I-89, It’s a short drive to the Burlington International Airport, Amtrak, Downtown Burlington, and the University of Vermont.
- Surrounded by an affluent demographic with a median household income of $82,245 within five miles of the property.
- Desirable New England location drives demand from high-income leisure travelers visiting historical sites of the Revolutionary War.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Sonesta ES Suites Burlington, VT
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
59153
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
B
YEAR BUILT
1988
PARKING SPACES
106
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
GZDS
APN/PARCEL ID
(241) 13086002000
