Services - Hotels & Other Lodging

$Seller Financing Available

Asking Price	$5,800,000	Inventory
Gross Income	$2,205,984	Real Estate
Cash Flow	$591,683	Year Established	1998
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Appraised at $8.2m in August of 2008. 7.85% Cap Rate for the trailing 12 months ending July 2009 with professional management and capital reserves. Excellent and well maintained interior corridor 86 room property with full convention center facilities. Good proximity to I-5 freeway and government offices in nearby Salem, Oregon. 10.57% ROI with 20% on Seller terms...

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Facilities: Terrific interior corridor 86 room hotel with full conference center, indoor pool and spa, fitness room, restaurant and lounge in close proximity to Salem, Oregon and the I-5 Freeway.

Competition: Booming suburb with excellent freeway access near Salem Oregon and State government offices. Popular with locals for meetings and events.

Growth/Expansion: Owner is very hands off - experienced and professional owner/manager could find tremendous upside potential.

Seller Financing Available: Yes

Financing: Seller will carry with appropriate down payment

Support/Training: Negotiable

Reason Selling: Owner redeploying equity