DESCRIPTION:
– The subject is improved with a four-storey hotel offering 45,512 ft² (11,378 ft² per floor) and a 24 x 26 ft. porte cochere.
– This hotel offers 97 rooms of which 70 are kitchenette units (±392 ft²).
– It used to be Best Western Hotel when it was built in 2008. .
SITE AREA: 4.08 Acres, more or less
BUILDING SIZE 45,512 Sqft
ZONING: D-C; Direct Control District
YEAR BUILT : 2008
REVENUE(Yearend January 31 ) 2018:$4,485,327, 2019 : $4,412,846, 2023 : $2,568,099, 2024 : $2,370,052
2025 Projection Over $4,000,000
2023 2024
Note Revenue till May 31 $697,599 $1,378,686 (1.98 times higher than 2023)
NET OPERATING INCOME 2018 :$2,678,417,2019 :$2,766,998, 2023:$1,221,008, 2024 :$1,252,929 , 2025 (January 31 ,2025) : over$2,000,000