INVESTMENT SUMMARY

• The Hampton Inn and suites consists of 74 rooms and suites. The hotel was built in 2000 and underwent a complete renovation in 2019 . The hotel offers 24-hour business center and 666-square-foot meeting facility for corporate needs. free high-speed internet access, a desk and phone, pantry with a mini-fridge, coffee maker and microwave. all rooms come with living areas that are equipped with microwave, refrigerator, and free wired & wireless high-speed internet access.

INVESTMENT CONSIDERATION

• The hotel is offered unencumbered by Management
• The hotel is cumbered by debt. There is a current CMBS loan in place with cuurent balance at approximately $6,350.000. The loan was originated in 2017 and is due in 2027 with interest rate at 5.6%
• Franchise Attributes The franchise license is considered an exceptionally valuable asset of the Hampton Inn & Suites Hotel. It provides a high level of traveler allegiance and recognition, an excellent computerized reservation system, and Hilton’s popular Hilton Honors Rewards program where guests earn free lodging.
• The franchise license agreement will be extended to the new ownership.