Flagged hotel  (ID: 78260)

Overview

Price: USD 11,000,000
Type: Hotels Over 100 Rooms
Location: Birmingham, Alabama, United States

220 Rooms – Birmingham – Airport. Seller Just Pip Renovation Job Has Been Done Last Month, They Spend $2.2m Total Revenue $4,415,000

220 rooms – Birmingham – Airport.
As long as Hotel location is next to Airport, You can NOT go wrong.
Seller just PIP renovation job has been done last month, they spend $2.2M
Total revenue $4,415,000 for 2016.
Price no less than $10,750,000
Must be assumable loan $6,6M at 4.7% interest – all due 10 years.
Buyer Cash down $4,150,000
Seller might carry little amount with Buyer’s collateral.
Also not only that Regular business customer line-up to make agreement such as Airway company, Automobile manufacture, etc.
Call for financials

Property Highlights

  • Great location
  • Flagged property
  • REcently remodeled

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Location: United States | Alabama | Birmingham