789 N Broadway Ave - Hospitality FOR SALE
Burns, OR 97720 |
789 N Broadway Ave
Burns, OR 97720
HIGHLIGHTS
- Two-Story, 26-Room OYO Hotels-Branded Hotel Priced at an Attractive 2.78 Room Revenue Multiplier and 16.37 Percent Cap Rate for $38,077 Per Key
- Easily Accessible and Highly Visible from the Intersection of State Highway 20
- Located Less Than 3 Miles from Hines and 30 Miles from the Malheur National Wildlife Refuge
- Situated Near a Wide Varity of Outdoor Activities, Landmarks, and Natural Attractions
- TTM October 2022 Revenues over $355 Thousand while maintaining an NOI Greater than $162 Thousand
- Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
OYO Silver Spur Burns Hwy 20
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
8224
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1958
PARKING SPACES
8
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
RS
APN/PARCEL ID
183
