This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Best Western Bennington 220 Northside Dr
58 Room Hotel Bennington, VT 05201 $6,750,000 ($116,379/Room) 9.36% Cap Rate
Property Facts Under Contract
| Price | $6,750,000 | Lot Size | 3.09 AC |
| Price Per Room | $116,379 | Building Size | 29,000 SF |
| Sale Type | Investment | No. Rooms | 58 |
| Cap Rate | 9.36% | No. Stories | 1 |
| Sale Conditions | Business Value Included | Year Built/Renovated | 1960/2018 |
| Property Type | Hospitality | Parking Ratio | 3.45/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B |
| Price | $6,750,000 |
| Price Per Room | $116,379 |
| Sale Type | Investment |
| Cap Rate | 9.36% |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.09 AC |
| Building Size | 29,000 SF |
| No. Rooms | 58 |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2018 |
| Parking Ratio | 3.45/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 220 Northside Dr , Bennington, VT 05201
Recent Best Western PIP completed, this 58 room Best Western offers strong revenues and net income in Bennington, Vermont. The property includes large owner’s/manager’s home. Guest rooms include microwave, refrigerator, flat screen TV’s, and cable. A heated outdoor pool, complimentary breakfast, WiFi, exercise facilities and meeting space for up to 40 people are some of the hotel’s amenities. Conveniently located in charming Bennington and near Bennington College and several ski resorts, this hotel has a lot to offer. Guests traveling on business will appreciate being close to locations such as NSK Steering Systems, Energizer, and US Tsubaki. Other nearby attractions include Norman Rockwell, Bennington Museum, the Old First Church, Lincoln’s Hildene, and Manchester Center shopping.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $199.00 | - |
| Guest Room | 52 | $179.00 | - |
PROPERTY TAXES
| Parcel Number | (015)36-51-21-00 | Improvements Assessment | $1,320,900 |
| Land Assessment | $0 | Total Assessment | $1,320,900 |
PROPERTY TAXES
zoning
| Zoning Code | N/A |
| N/A |
-
Earle Wason -
Wason Associates
Presented by
Best Western Bennington | 220 Northside Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.