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24058 Sussex Hwy
Seaford, DE 19973
Holiday Inn Express Seaford-Route 13 · Hospitality Property For Sale
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81 Rooms
Investment Highlights
- Property tours are by APPOINTMENT ONLY. Any attempts to visit/contact property without agent approval will result in a ban from all future listings
- Located on 1.46 Acres approximately 30 miles from Rehoboth Beach, Delaware
- Pro-Forma Stabilized Revenue of $2,500,000+ with a Stabilized NOI of $850,000+ Based on STR Competitive Set
- Fee Simple Interest in the 81-Room, 4-Story, Non-Operational, Interior Corridor, Former Holiday Inn Express in Seaford, Delaware
- Shut-Down Property with Potential to Reposition as Holiday Inn Express, Best Western, or Wingate
- Competitive Set RevPAR of $86.32 in 2022
Property Facts
| Property Type | Hospitality | No. Rooms | 81 |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1998/2027 |
| Lot Size | 2.01 AC | Parking Ratio | 1.71/1,000 SF |
| Construction Status | Under Renovation | Corridor | Interior |
| Building Size | 32,906 SF | ||
| Zoning | Hospitality | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.01 AC |
| Construction Status | Under Renovation |
| Building Size | 32,906 SF |
| No. Rooms | 81 |
| No. Stories | 4 |
| Year Built/Renovated | 1998/2027 |
| Parking Ratio | 1.71/1,000 SF |
| Corridor | Interior |
| Zoning | Hospitality |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 8 | $201.00 | - |
| Guest Room | 73 | $159.00 | - |
Property Taxes
| Parcel Number | 331-05.00-68.00 | Improvements Assessment | $438,150 |
| Land Assessment | $7,300 | Total Assessment | $445,450 |
Property Taxes
Parcel Number
331-05.00-68.00
Land Assessment
$7,300
Improvements Assessment
$438,150
Total Assessment
$445,450
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