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Franchise Hotel - Bangor Maine 750 Hogan Rd 96 Room Hotel Bangor, ME 04401 $11,153,401 CAD ($116,181 CAD/Room)
INVESTMENT HIGHLIGHTS
- 96 well-appointed guestrooms offer varied accommodations with single, queen, or king-size beds, including extended stay units
- Room amenities include large-screen TVs, microwaves, and refrigerators
- Short drive to downtown, Casino, Civic Center and Waterfront Concert Pavilion
- Location merits possible repositioning with or without a franchise affiliation and Property is well-suited to create extended-stay suites by combining
- Hotel amenities include a fitness center, game room with arcade, meeting/banquet rooms, breakfast room, business center, meeting space, guest laundry
- Nearby to restaurants, universities, and other area attractions
EXECUTIVE SUMMARY
This interior corridor hotel is conveniently located in central Maine and offers 96 well-appointed guest rooms, suites, and extended stay units. This property features a 933-square-foot conference facility that can accommodate up to 70 people for all types of social and business functions. The property also offers on-site employee housing.
Amenities include a fitness room, guest laundry facilities, a game room, meeting and banquet rooms, and ample parking. Spacious guest rooms are equipped with in-room safes and coffee makers and refrigerators in some rooms.
The Hotel is minutes from the Bangor Raceway, Off-Track Betting, Civic Center, the Penobscot River, Husson College, and the University of Maine at Orono. The hotel is a day trip to Acadia National Park, Bar Harbor, Mount Katahdin, and Baxter State Park. An array of popular restaurants and shops are accessible nearby and in the surrounding area.
Amenities include a fitness room, guest laundry facilities, a game room, meeting and banquet rooms, and ample parking. Spacious guest rooms are equipped with in-room safes and coffee makers and refrigerators in some rooms.
The Hotel is minutes from the Bangor Raceway, Off-Track Betting, Civic Center, the Penobscot River, Husson College, and the University of Maine at Orono. The hotel is a day trip to Acadia National Park, Bar Harbor, Mount Katahdin, and Baxter State Park. An array of popular restaurants and shops are accessible nearby and in the surrounding area.
PROPERTY FACTS
| Price | $11,153,401 CAD | Building Size | 40,532 SF |
| Price Per Room | $116,181 CAD | No. Rooms | 96 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1986 |
| Property Subtype | Hotel | Parking Ratio | 3.18/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.97 AC | ||
| Zoning | S&PS | ||
| Price | $11,153,401 CAD |
| Price Per Room | $116,181 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.97 AC |
| Building Size | 40,532 SF |
| No. Rooms | 96 |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 3.18/1,000 SF |
| Corridor | Interior |
| Zoning | S&PS |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 96 | $228.93 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | BANG-000061R-000000-000009-H000000 | Improvements Assessment | $4,234,071 CAD |
| Land Assessment | $567,012 CAD | Total Assessment | $4,801,083 CAD |
PROPERTY TAXES
Parcel Number
BANG-000061R-000000-000009-H000000
Land Assessment
$567,012 CAD
Improvements Assessment
$4,234,071 CAD
Total Assessment
$4,801,083 CAD
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Franchise Hotel - Bangor Maine | 750 Hogan Rd
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