$4,000,000
( )
 $21,473 forsale estimated payment Sourced by Back At You

316 South Main St , Statesboro, GA 30458

Statesboro, GA 30458

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Description

The Red Roof Inn, ideally situated just 3 miles from Statesboro University, has been recently renovated. It boasts a brand-new roof with a 15-year warranty and 15 rooms upgraded to standing showers. Out of 65 available rooms, 10 are suites, and 2 are designated for housekeeping. The property generates $870k in gross annual revenue, with an Average Daily Rate (ADR) of $65 and an occupancy rate between 60% to 65%. Interested parties should contact the listing agent The price is negotiable, and private loans have been pre-approved. Viewings are by appointment only and the business is currently staffed by employees.

Details

Mls10384523
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1991
Days On Site70
Listing Provided ByVirtual Properties Realty.com | Piyusha Zope

Features

Buildings1
ZoningHOC
Acreage1.33

Market Activity 30458

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StateGA
CountyBulloch
CityStatesboro
Zip Code30458
Listing VS Median (in 30458)
Price:
$4,000,000
low | high
Med:
$303,300
100% of Average
On Site:
70
low | high
Med:
159.000000
44.025157232704% of Average
Sourced by Back At You
Listing Updated: November 24, 2024 at 11:53:04 AM PST