Motivated seller.Price reduced below market and includes prepayment of the planned renovation fee of $19,763 Not only does the new owner get to own a top floor,golf facing,high revenue producing unit, but also receives the benefit of the planned renovations. Per hotel management, Management has seen first-hand the rate and occupancy improvements achieved after a successful room renovation. We completed a room refresh at our Minerals property in 2017. Since the project was completed, Minerals has enjoyed increased ADR by 11% and occupancy by 7%. Moreover, on average Mineral?s owners have seen their monthly rental income share increase by 9%. We are confident that similar success can be achieved or even surpassed by Grand Cascades. Call today to schedule an appointment.
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Listing information last updated on June 6th, 2020 at 12:33am EDT.