Services - Hotels & Other Lodging

Asking Price	$4,100,000	Inventory
Gross Income	$1,680,637	Real Estate
Cash Flow	$450,000	Year Established	1964
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

This Quality Inn has a Perkins restaurant it leases space too that draws a lot of guests. It is in the best location of any hotel in town, and recent development around the property has made the land value sky rocket. The property needs some work, but there is a lot of revenue to work with to make it happen and still make financial sense.

Facilities: This 112 unit Quality Inn is brick construction from the 1960's. Although it is an older property, it is structurally sound

Competition: There is some competition in the market, but this property has the best location in the city. The market is a college town and is very busy during the summer and fall.

Growth/Expansion: The land the hotel sits on is where all the development in the area is happening. The land alone is worth almost the asking price of the hotel. Two great lease tenants provide over 160k in rental income as well.

Reason Selling: Other hotel interests