Services - Hotels & Other Lodging

Asking Price	$425,000	Inventory
Gross Income	$127,878	Real Estate	$394,300*
Cash Flow	$53,153	Year Established	1890
FF&E	$27,063*	Employees	2

* included in the asking price

** not included in the asking price

The Northwood Motel offers quaint, rustic and economical accommodations for travelers, including: Family Vacationers Antique Hunters NASCAR Race Fans Dog & Horse Shows Attendees Fishermen Contractors, Canadian Visitors Business Travelers Located in the southeastern part of the state, this motel experiences its busy period during summer months. Situated in the heart of antique country, the motel is also conveniently located to nearby lakes and a state park. In addition to heavy tourist traffic in summer months, the motel has appealed to contractors in the region during the off-season.

Facilities: Building #1 Owner s Residence: 2 Bedroom home, Built: 1890 2200 sfBuilding #2 Guest Accommodations: 13 rooms, Built: 1952 +/- 2362 sf Additional Structures: Barn, Shed Land: 5.1 acres

Competition: Strong summer season with god traffic through the fall foliage period. Off season supported with contractor trade

Growth/Expansion: Ample room for additonal building

Financing: Conventional Property financing

Support/Training: 1-2 weeks, as necessary

Reason Selling: REady to begin semi-retirement