Services - Hotels & Other Lodging

$Seller Financing Available

Asking Price	$325,000	Inventory
Gross Income	$75,000	Real Estate	$225,000*
Cash Flow	Not Disclosed	Year Established	1946
FF&E	N/A	Employees	1

* included in the asking price

** not included in the asking price

Opened for business in the summer of '06. Replaced carpets painted rooms, replaced half the mattresses and half the airconditioners. Replaced most of the roof. Owner has a restuarant/casino/bar for sale across the street also for $325k that is turnkey ready although not currently operational Will offer lease to own terms that will surprise you. Call for details.

Facilities: Motel plus a house which is leased at $500 p.m. on a separate parcel is included in the sale. House is a two bedroom house at approximately 1000sqft.

Competition: Not many competitors that can offer ammeneties at these rates. The motel has four units with kitchenettes.

Growth/Expansion: Owner paid for a freeway sign towards the end of '07. Should help increase sales.

Seller Financing Available: Yes

Financing: With $150k down OWC at only 3%

Support/Training: As needed

Reason Selling: Absentee owner.