Units: Combined 135
Gross Revenues:Combined $3,4000,000
Asking Price:$13,500,000

Amenities:

• Portfolio of two upper mid market franchise hotels in eastern upstate New York
• Combined NOI of 1,350,000
• Properties are 75 and 60 rooms each and doing well in its comp set
• Both the properties are less than 10 years old and interior corridors with limited service.
• All suites hotel have meeting space as well
• ADR for 75 rooms all suites is $ 110 with 70% occupancy
• ADR for 60 rooms inn is $85 with 73% occupancy
• The smaller hotel, which is inn, could be bought separately