Quality Inn Shelburne - Burlington 2572 Shelburne Rd 73 Room Hotel Shelburne, VT 05482 $10,276,429 CAD ($140,773 CAD/Room) 9.96% Cap Rate
INVESTMENT HIGHLIGHTS
- Three, 2-story buildings totaling 73 keys and 83,200 SF
- Vermont North market, just outside of Burlington, VT
- Amenities include indoor pool, fitness & business centers, breakfast area, etc.
- Built in 1987, renovated in 2023
- Ample parking for tenants and visitors
- Significant capex work completed throughout ownership
EXECUTIVE SUMMARY
Northeast Private Client Group is pleased to present the Quality Inn Hotel located at 2572 Shelburne Rd in Shelburne, VT. Located just outside of the Burlington, VT market, this property consists of three, 2-story buildings, totaling 73 keys and 83,200sf. Built in 1987 and upgraded in 2023, the hotel offers many modern amenities, including free Wi-Fi, indoor pool and a fitness center.
All interested and qualified parties will have the opportunity to tour the building during scheduled appointments & obtain additional information upon request.
All interested and qualified parties will have the opportunity to tour the building during scheduled appointments & obtain additional information upon request.
PROPERTY FACTS
| Price | $10,276,429 CAD |
| Price Per Room | $140,773 CAD |
| Sale Type | Investment |
| Cap Rate | 9.96% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.70 AC |
| Building Size | 83,200 SF |
| No. Rooms | 73 |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2024 |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Meeting Event Space
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 73 | $205.53 CAD | - |
PROPERTY TAXES
| Parcel Number | 582-183-11100 | Improvements Assessment | $1,990,747 CAD |
| Land Assessment | $909,540 CAD | Total Assessment | $2,900,287 CAD |
ZONING
| Zoning Code | C |
