Hotels For Sale - Rutland Red Roof Inn

This 101-room franchised hotel has been operating as a Red Roof Inn and gone through a significant capital improvement program beginning in 2003 through to the addition of a new roof and all exterior windows in 2007. The facility is of much higher quality than typical Red Roof Inns and plans are in place to convert to a Days Inn in the very near future. Additional capital improvements include total renovation of all guest rooms with new case goods, soft goods, Amana HVAC units and bathrooms to include tile floors and granite counter tops.

This property is very well positioned in the active Rutland Vermont market as it is the best and probably the only mid-market hotel that offers a high quality product. Rutland offers a strong three-season market with summer and fall visitors and with additional demand due to it’s close proximity to Killington, one of the largest ski areas in the east.

This is an excellent opportunity for a regional hotel company or individual owner to oversee the continued growth of a property that has been remodeled in the areas best mid-market hotel and benefit from the Days Inn flag, which in combination with the excellent property condition, should allow for increase in both occupancy and average daily rate and be able to very competitively compete with the upper brands in the market.


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		Red Roof Inn- Rutland VT
Red Roof Inn Rutland VT Red Roof Inn Website Gallery of Photos Hotel Data Pricing & Financials Location Data Market Data Local Competition Confidentiality Agreement PROPERTY HIGHLIGHTS Nestled in Vermont's Green Mountains Central location Located in VT's Second Largest City 15 miles to Killington Mountain Ski area *Four Season Activities/Attractions		The Red Roof Inn This 101-room franchised hotel has been operating as a Red Roof Inn and gone through a significant capital improvement program beginning in 2003 through to the addition of a new roof and all exterior windows in 2007. The facility is of much higher quality than typical Red Roof Inns and plans are in place to convert to a Days Inn in the very near future. Additional capital improvements include total renovation of all guest rooms with new case goods, soft goods, Amana HVAC units and bathrooms to include tile floors and granite counter tops. This property is very well positioned in the active Rutland Vermont market as it is the best and probably the only mid-market hotel that offers a high quality product. Rutland offers a strong three-season market with summer and fall visitors and with additional demand due to it’s close proximity to Killington, one of the largest ski areas in the east. This is an excellent opportunity for a regional hotel company or individual owner to oversee the continued growth of a property that has been remodeled in the areas best mid-market hotel and benefit from the Days Inn flag, which in combination with the excellent property condition, should allow for increase in both occupancy and average daily rate and be able to very competitively compete with the upper brands in the market. Asking price is $5,450,000.
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Red Roof Inn- Rutland VT