Quality Inn – Worcester, MA
50 Oriol Drive | Worcester, MA 01605
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Inspection date: January, 23, 2020
Time: 10am to 3pm
Offers due by: January 31, 2020
• Upper Economy Brand
• Interior corridor, block and plank building
• Many recent upgrades with a small PIP remaining
• Price reduced to $7,200,000
CALL FOR OFFERS!
The property is now operated as a Quality Inn and is the only franchised economy brand property in Worcester. This has helped the hotel in gaining a stronger ADR and occupancy as most all the other hotels are new or higher brands. There are now 65 suites that were operated as a Suburban now incorporated into the Quality Inn for a total of 114 guest rooms. There are now less expenses, a remodeled area where the second lobby was located and other renovations completed, there remains about $550,000 in a PIP. Offering price reduced to $7,200,000.
- Room Sizes:
Suites and standard
- Land Area:
- Property Layout/Config:
One 3 story building
- Key System:
- Interior/Exterior Corridors:
Town water and sewer
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Market Data Description:
Located in the center of Massachusetts, between Boston and Springfield, Worcester is known as the "Heart of the Commonwealth." With a population of more than 182,000 and more than 35,000 college students, Worcester is the second largest city in New England. Centrally located, the City is under an hour from Boston, Providence and Hartford. Worcester is a city that offers the best of both large and small cities with its affordable housing; quality public schools; many colleges and universities; access to diverse culture, sports, restaurants and entertainment; and reliable local and regional transportation.College of Holy Cross
Worcester Polytechnic Institute
- Complimentary breakfast
- Free WiFi
- Outdoor pool
- Fitness center
- Coffee maker
- Hair dryer
- Iron and board
- Smoke free
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