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INVESTMENT HIGHLIGHTS
- Prime location/7.84 acre lot with excellent visibility in a fast growing area.
- Situated in Opportunity Zone.
- The lot can be divided for different development opportunities.
- Right off of HWY 85 and HWY 34.
- Well built building with 73 guest rooms, event center, restaurant, business center and more.
EXECUTIVE SUMMARY
7.84-acre site located right off of HWY 85 and HWY 34! - Prime location in a rapidly growing area. The lot can be divided to open up more opportunities.
This existing 73-room indoor corridor hotel is situated on 7.84 acres, adjacent to a new McDonald's and retail center surrounded by ongoing development and established users. This well-built property features a large lobby with a two-story-high, attractive ceiling, a restaurant with an elevator that requires repair, and a spacious event center. It also has a full basement with a high ceiling and could be used as a car garage.
This can be converted into a rehabilitation center, an assisted living facility, a multifamily building, or restored to its original glory as a hotel. The potential is endless. Showings will be done discreetly by appointment only.
This existing 73-room indoor corridor hotel is situated on 7.84 acres, adjacent to a new McDonald's and retail center surrounded by ongoing development and established users. This well-built property features a large lobby with a two-story-high, attractive ceiling, a restaurant with an elevator that requires repair, and a spacious event center. It also has a full basement with a high ceiling and could be used as a car garage.
This can be converted into a rehabilitation center, an assisted living facility, a multifamily building, or restored to its original glory as a hotel. The potential is endless. Showings will be done discreetly by appointment only.
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 16 | $89.00 | - |
| Guest Room | 57 | $44.00 | - |
PROPERTY TAXES
| Parcel Number | R3882086 | Improvements Assessment | $826,860 |
| Land Assessment | $460,600 | Total Assessment | $1,287,460 |
PROPERTY TAXES
Parcel Number
R3882086
Land Assessment
$460,600
Improvements Assessment
$826,860
Total Assessment
$1,287,460
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Heritage Inn | 3301 W Service Rd
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