Motels for Sale Hotels for Sale Inns for
Sale |
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Looking west from Mesa Street. Includes building on far left. |
Front desk viewed from entrance with living quarters entrance to the right. |
Lucy's Coffee Shop is leased at $900 per month. |
Typical guest room - 35 new color televisions purchased over last 2 years. Guest room viewed from bath. All guest rooms feature individual electric through the wall heating, ventilation, air conditioning (HVAC) units. |
Two-bedded guest room - fifty new bedspreads
purchased in 2002 and new Mitel Phone System in 1999. |
Two-bedded unit view toward bath with
vanity area. |
View of outdoor swimming pool (covered
for winter) from third floor with office entrance on bottom left. |
Financial Summary |
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| Price: | $595,000 | ||
| Number of Units: | 48 | ||
| 12 Months ending: | 12/2003 | 12/2002 | 12/2003 |
| Room Revenue: | $182,374 | $149,556 | $182,374 |
| Leased Restaurant Revenue: | $900 per month | $900 per month | |
| Total Revenue: | $201,325 | $167,738 | $201,325 |
| Occupancy: | 40% | 31.50% | |
| Average Daily Rate: | $26.44 | $27.00 | |
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