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Quality Inn Shelburne - Burlington 2572 Shelburne Rd

73 Room Hotel Shelburne, VT 05482 £6,103,110 (£83,604/Room) 9.33% Net Initial Yield

Investment Highlights

  • Three, 2-story buildings totaling 73 keys and 83,200 SF
  • Vermont North market, just outside of Burlington, VT
  • Amenities include indoor pool, fitness & business centers, breakfast area, etc.
  • Built in 1987, renovated in 2023
  • Ample parking for tenants and visitors
  • Significant capex work completed throughout ownership

Executive Summary

Northeast Private Client Group is pleased to present the Quality Inn Hotel located at 2572 Shelburne Rd in Shelburne, VT. Located just outside of the Burlington, VT market, this property consists of three, 2-story buildings, totaling 73 keys and 83,200sf. Built in 1987 and upgraded in 2023, the hotel offers many modern amenities, including free Wi-Fi, indoor pool and a fitness center.
All interested and qualified parties will have the opportunity to tour the building during scheduled appointments & obtain additional information upon request.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £1,907,977 £22.93
Other Income £49,281 £0.59
Vacancy Loss - -
Effective Gross Income £1,957,258 £23.52
Taxes £40,202 £0.48
Operating Expenses £1,347,918 £16.20
Total Expenses £1,388,120 £16.68
Net Operating Income £569,138 £6.84

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £1,907,977
Annual Per SF £22.93
Other Income
Annual £49,281
Annual Per SF £0.59
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £1,957,258
Annual Per SF £23.52
Taxes
Annual £40,202
Annual Per SF £0.48
Operating Expenses
Annual £1,347,918
Annual Per SF £16.20
Total Expenses
Annual £1,388,120
Annual Per SF £16.68
Net Operating Income
Annual £569,138
Annual Per SF £6.84

Property Facts

Price £6,103,110
Price Per Room £83,604
Sale Type Investment
Net Initial Yield 9.33%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.70 AC
Building Size 83,200 SF
No. Rooms 73
Number of Floors 2
Year Built/Renovated 1987/2024
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Meeting Event Space
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 73 £114.24 -

zoning

Zoning Code C
C
  • Listing ID: 33366834

  • Date on Market: 08/01/2024

  • Last Updated:

  • Address: 2572 Shelburne Rd, Shelburne, VT 05482

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