2625B N Salisbury Blvd | Salisbury, MD 21801
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2625B N Salisbury Blvd
Salisbury, MD 21801
Americas Best Value Inn · Hospitality Property For Sale
·
15,800 SF
INVESTMENT HIGHLIGHTS
- Property tours are by APPOINTMENT ONLY. Any attempts to visit property without agent approval will result in a ban from all future listings.
- 2020 Performance Uninterrupted by COVID-19 | RevPAR Up 14% Versus 2019
- Potential Rebranding Opportunity to Multiple Franchises
- Fee Simple Interest in the Two-Story, 123-Room, Exterior Corridor Motel
- Offered Below Replacement Cost and Just Under 3X 2020 Gross Room Revenue at 13.5% Cap Rate
- SBA(7A) Financing Available with CARES Act Incentives for Qualified Buyers
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1961/2024 |
| Building Class | C | Parking Ratio | 10.95/1,000 SF |
| Lot Size | 5.17 AC | Corridor | Exterior |
| Building Size | 15,800 SF | ||
| Zoning | General Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.17 AC |
| Building Size | 15,800 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2024 |
| Parking Ratio | 10.95/1,000 SF |
| Corridor | Exterior |
| Zoning | General Commercial |
AMENITIES
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 05-042933 | Improvements Assessment | $904,100 |
| Land Assessment | $1,842,500 | Total Assessment | $2,746,600 |
PROPERTY TAXES
Parcel Number
05-042933
Land Assessment
$1,842,500
Improvements Assessment
$904,100
Total Assessment
$2,746,600
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