404 Bridge Street, Groton, CT
Motel for Sale - $2,100,000 - 48,612 Sq. Ft. on 49299.44 acres
Property Info
CIMLS# | 744692 |
Location 404 Bridge Street Groton CT 06340 | |
Updated | May 13th, 2015 |
Type | Motel |
Price | $2,100,000 |
Building | 48,612 Sq. Ft. |
Land | 49299.44 acres |
Property Description
The Quality Inn is a two story, 105 room, exterior corridor hotel. The hotel has an indoor pool, fitness facility and meeting room. Complimentary wireless Internet access is available in public areas and a computer station is located on site. There is a 24-hour business center on site. Guests are served a complimentary breakfast. Additional amenities include laundry facilities, coffee/tea in the lobby, and complimentary newspapers in the lobby. Complimentary self parking is available onsite for guests.
Location Description:
Situated in the heart of Groton, Connecticut, the hotel is close to Fort Griswold Battlefield State Park, United States Coast Guard Academy, and New London Ferry Dock. Area attractions include: Mohegan Sun Casino, Foxwoods & MGM Grand Casino; Mystic Seaport and Aquarium; Pfizer, Inc.; General Dynamics/Electric Boat; US Coast Guard Academy; Connecticut College; USS Nautilus and Submarine Force Museum; US Naval Submarine Base.
Highlights:
>> Priced to sell at only $20,000 per room
>> Close to Foxwoods and Mohegan Sun Casinos and coastal beaches
>> Opportunity for hands-on owner-operator.
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Financials
Sales Info:
>> Commision split: 1.75%