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Economy Hotel Drayton 502 W Highway 66

25 Room Hotel Drayton, ND 58225 $1,275,723 CAD ($51,029 CAD/Room)

Hotels North Dakota Drayton 502 W Highway 66, Drayton, ND 58225

Investment Highlights

  • INDEPENDENT ECONOMY PROPERTY
  • DISCOUNT TO REPLACEMENT COST
  • UNENCUMBERED OF DEBT & MANAGEMENT
  • 30 GUESTROOMS

Executive Summary

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Drayton totaling 30 rooms. Located in Drayton, North Dakota, the Property is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire an economy hotel with existing in-place cash flow. Please contact broker for more details on this opportunity.

Data Room Click Here to Access

  • Offering Memorandum
  • Operating and Financials

Property Facts

Price $1,275,723 CAD Building Size 9,750 SF
Price Per Room $51,029 CAD No. Rooms 25
Sale Type Investment No. Stories 1
Property Type Hospitality Year Built/Renovated 1987/2022
Property Subtype
Hotel
Parking Ratio 4.31/1,000 SF
Building Class C Corridor Interior
Lot Size 1.50 AC
Price $1,275,723 CAD
Price Per Room $51,029 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.50 AC
Building Size 9,750 SF
No. Rooms 25
No. Stories 1
Year Built/Renovated 1987/2022
Parking Ratio 4.31/1,000 SF
Corridor Interior

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 25 $99.22 CAD -
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PROPERTY TAXES

Parcel Number 293330000 Improvements Assessment $210,554 CAD
Land Assessment $59,807 CAD Total Assessment $270,361 CAD

PROPERTY TAXES

Parcel Number
293330000
Land Assessment
$59,807 CAD
Improvements Assessment
$210,554 CAD
Total Assessment
$270,361 CAD

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
(303) 250-8338

  • Listing ID: 33918620

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 502 W Highway 66, Drayton, ND 58225

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Economy Hotel Drayton | 502 W Highway 66
(303) 250-8338 x

Economy Hotel Drayton | 502 W Highway 66

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Chris Kilcullen

(303) 250-8338

(303) 250-8338

Jeremy Cabe

(770) 692-1605

(770) 692-1605

Matt Wilkins

(770) 692-1605

x118

(770) 692-1605 x118

Keith Thompson

(770) 692-1605

(770) 692-1605

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