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The Red Roof Inn, ideally situated just 3 miles from Statesboro University, has been recently renovated. It boasts a brand-new roof with a 15-year warranty and 15 rooms upgraded to standing showers. Out of 65 available rooms, 10 are suites, and 2 are designated for housekeeping. The property generates $870k in gross annual revenue, with an Average Daily Rate (ADR) of $65 and an occupancy rate between 60% to 65%. Interested parties should contact the listing agent The price is negotiable, and private loans have been pre-approved. Viewings are by appointment only and the business is currently staffed by employees.PROPERTY FEATURES
Business Type: Hotel/Motel
Utilities : Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Electric : 110 Volts, 220 Volts
Parking Features: Parking Lot
Parking Total: 100
Security Features : Fire Sprinkler System, Security Lights
Accessibility Features: Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Grip-Accessible Features, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer
Lot Features : Business Park
Roof : Metal
Road Frontage Type : City Street
Property Condition : Resale
Property Condition : Resale
HOC
Cooling: Ceiling Fan(s), Other
Heating : Forced Air
Construction Materials: Aluminum Siding
Interior Features: High Ceilings 10 or Greater, Living Space Available, Other
Windows Features: Display Window(s)
Flooring : Carpet, Tile, Vinyl, Other
Levels : Two
PROPERTY DETAILS
Street Address: 316 Main Street
City: Statesboro
State: Georgia
Postal Code: 30458
County: Bulloch
MLS Number: 7461737
Year Built: 1991
Courtesy of Virtual Properties Realty.com
City: Statesboro
State: Georgia
Postal Code: 30458
County: Bulloch
MLS Number: 7461737
Year Built: 1991
Courtesy of Virtual Properties Realty.com
Courtesy of RE/MAX Eagle Creek Realty
Courtesy of Realty Companies