Services - Hotels & Other Lodging

Asking Price	$395,000	Inventory
Gross Income	$269,032	Real Estate
Cash Flow	$134,269	Year Established	3
FF&E	$100,000*	Employees	3

* included in the asking price

** not included in the asking price

Own a Beautifully Restored 1926 gem. This 9-room boutique hotel with urban charm is the only hotel in the heart of a vibrant downtown area that features four live theaters and dozens of art galleries, restaurants, shops and more just blocks from the Hotel. Spacious rooms offer urban d cor, full kitchens, luxury linens, plush pillow top mattresses, and free WiFi Internet access, If you have dreamed about owning a small hotel, this fully remodeled and charming hotel is a once in a lifetime opportunity.

Facilities: Originally built in 1926 as an apartment hotel, it offered snowbirds an escape from harsh Northern winters. Hotel has now been revived as a small hip boutique hotel with 9 fabulous units. Spacious rooms offer urban d cor, full kitchens, luxury linens, plush pillow top mattresses, free WiFi Internet access, iPod docking stations and 27-inch wall hung plasma TVs.

Competition: There is no other hotel in the downtown area.

Growth/Expansion: The upper floors of this building may be acquired for additional rooms.

Financing: Based on the qualifications of the buyer

Support/Training: Full training will be provided.

Reason Selling: Seller has other interests