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.
Mls | 10384523 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1991 |
Days On Site | 70 |
Listing Provided By | Virtual Properties Realty.com | Piyusha Zope |
Buildings | 1 |
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Zoning | HOC |
Acreage | 1.33 |
State | GA |
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County | Bulloch |
City | Statesboro |
Zip Code | 30458 |
Listing VS Median (in 30458) | |
Price: $4,000,000 low | high Med: $303,300 On Site: 70 low | high Med: 159.000000 |