84 S Park Dr - Hospitality FOR SALE
Colchester, VT 05446 |
$4,200,000 USD
443-745-4018
84 S Park Dr
Colchester, VT 05446
HIGHLIGHTS
- Owner financing available for qualified buyers, making this an accessible opportunity for investors.
- Spacious and well-maintained accommodations with a daily rate averaging $153.
- Originally built in 1991, the property underwent significant updates to meet modern hospitality standards.
- Includes a business center, meeting/event space, outdoor pool, fiber optic internet, and public Wi-Fi.
- Located in a high-demand corridor near Burlington, with easy access to I-89 and regional attractions.
- Sits on 1.08 acres with a parking ratio of 2.78 spaces per 1,000 SF, accommodating 125 vehicles.
OVERVIEW
Located at 84 S Park Drive, this 113-room Quality Inn offers a compelling investment opportunity in the heart of Colchester, Vermont. Just minutes from Burlington International Airport and major colleges like the University of Vermont and Saint Michael’s College, this property is ideally positioned to serve both leisure and business travelers.
FOR SALE DETAILS
PRICE
$4,200,000 USD
PRICE/SF
$93 USD /SF
# OF ROOMS
113
PRICE/ROOM
$37,168 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Quality Inn Colchester - Burlington
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1991
PARKING SPACES
125
LAND DETAILS
LAND ACRES
1.08 AC
LAND SF
47,036 SF
ZONING
BD
APN/PARCEL ID
(048) 01-0240130030000
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443-745-4018
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443-745-4018
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