| Property Name: |
Red Roof Inn (plans in place to convert to a Days Inn)
|
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| Property Address: |
401 US Route 7 South, Rutland, VT 05701 |
| Location/ Intersection: |
Centrally located on Route 7 in historic Rutland |
| Offering Price: |
$5,450,000 |
| Number of Rooms: |
101 |
| Land Area: |
4+ acres |
| Interior/Exterior Corridors: |
Interior Corridor |
Hotel/Guest Amenities:
- Complimentary continental breakfast (breakfast area seats 35)
- Indoor heated pool (9 ft deep end)
- Fireplaced Lobby
- Changing rooms
- Hair dryer, iron and ironing board in all rooms
- 27" TV's
- Sauna
- Game Room
- Patio
- Guest Laundry facility
- 24-hour coffee and tea
- High-speed internet station (computer) in lobby
|
| Hot Water: |
Oil fired two heater tanks and one storage |
| HVAC: |
New Amana HVAC units in all rooms and in breakfast/lobby area |
| Location and Visibility: |
The property is very visible near the intersections of US Route 7 south and route 4 - the major east- west highway to New York state. The hotel is near many retail centers and franchise restaurants - Dennys Restaurant abuts the property and is open 24 hours a day. |
| Construction: |
2 story block and plank building
|
Recent Cap Improvements:
New Roof, (Plywood and Metal), all new exterior windows, Rooms: new case goods, soft goods, beds, carpet, walls painted and Amana HVAC units, fire rated doors, many guest rooms with new doors, new electrical panel with 220 (cost of approximately $57,000) |
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| Room Breakdown: |
King Suite with Fireplace, 3 Business Kings, 50+ double queens and balance single queens with desk, desk chair and large chair
|
| Bathrooms: |
Floors: 6” tile
Counter Tops: Granite
Tubs: Fiberglass with tub surronds
Shower Rods: Will have to install curved rods when Days Inn flag is in place
|
| Fire Protection: |
All up to code, new fire rated doors |
| Key System: |
Electronic key system (Tesa) |
| Zoning: |
No city zoning ordinance |
| Water/Sewer: |
Municipal water/sewer |
