Services - Hotels & Other Lodging

Asking Price	$670,000	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1985
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Hospitality Sales Group has been retained to market for sale the Lighthouse Inn Motel located in Frankfort, Indiana. The motel is located 25 miles from Kokomo and Lafayette/West Lafayette and approximately 45 miles from the Indianapolis International Airport. The motel is exceptionally well maintained and has had recent upgrades, painting and signage. The motel has 31 rooms plus a manager's apartment. The property has been carefully maintained with recent upgrades to mattresses, painting and parking lot seal coating and striping. The building is two-story brick construction with exterior corridors. Amenities include large guest rooms, wireless internet access, cable, microwave, coffee maker and refrigerator in each room. Please see the listing at http://www.hsghotels.com/FrankfortLighthouseInn.htm for additional details and pictures. Additional financial information available with completion of a confidentiality agreement at http://www.hsghotels.com/FrankfortLighthouseInn.htm. http://www.hsghotels.com/CAForm.htm

Facilities: 31 room motel with manager's quarters. 1.42 acres of land. Building is brick construction with exterior corridors. Recent upgrades in 2008 to replace mattresses in some rooms, signage, and parking lot seal-coating.

Competition: The Lighthouse Inn is Located on US 421 & State Road 28 approximately 1 mile east of Downtown Frankfort. Frankfort is also conveniently accessible via nearby I-65. The property is located within walking distance of 6 local restaurants and with several franchised restaurants nearby. Major local employers include Frito-Lay, Federal Mogul, Mallory Controls, Archer Daniels Midland, Donaldson Company and General Seating of America.