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334 CAROLINE ST
ORANGE, VA 22960-1511
Asking Price
Contact for price
Asset Type
Hotel Hospitality
Class
Class B
What's Special
58 Keys | Renovated Choice Product | Current Absentee Ownership <p>Colliers, as exclusive representative of the seller, is pleased to present to qualified investors the Comfort Inn & Suites Orange - Montpelier, located at 334 Caroline St Orange, VA 22960. The subject property is a 58-room, three-story, interior-corridor, limited-service hotel constructed in 2011 and situated on approximately 2.07 acres with direct visibility and access to U.S. Route 15 (approximately 16,000 vehicles per day). The asset is offered fee simple, unencumbered by debt, and free of
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
