9 Bridge St - Hospitality FOR SALE


Aberdeen, ABE AB11 6JL
$7,000,000 USD
9 Bridge St, Aberdeen, ABE for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/2
null | 8.3% Cap Rate

9 Bridge St
Aberdeen, ABE AB11 6JL


HIGHLIGHTS

  • Attractive running yield of 9.79% in 2028
  • Fully let investment
  • Due to be refurbished

OVERVIEW

A prime regional hotel investment located in the heart of the city centre. The property is let to Travelodge for an unexpired term of 25.5 years. The hotel is due to under-go a full refurbishment to upgrade to the New Design Travelodge specification.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$147 USD /SF

# OF ROOMS

97

PRICE/ROOM

$72,165 {currency}

CAP RATE

8.3%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Travelodge Aberdeen Central

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,858 SF

ZONING

-

APN/PARCEL ID

ABN18435

ASK ABOUT THIS PROPERTY

Francesca SidoliKnight Frank LLPMore Info

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Francesca SidoliKnight Frank LLPMore Info

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