




Double Guest Room

Sitting Area

Bathroom and Vanity
Great Starter or Retirement Motel Less than 3 times room revenues - Well maintained - 15 units and also includes 3 bedrooms living quarter
Great for first time buyer or ideal for a retired couple.
Assumable loan at 6% interest rate, 9 yrs. 10months left on the note, with the monthly mortgage of $2,500/month
Room Revenues – without sales & lodging taxes
2010 – $118,000
2011 - $150,000
Property Taxes - $ 4,487.00
Property Insurance - $8,368.00
Asking Price - $425,000.00