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First interstate inn motel(independent)-good income independent motel

Sterling, Colorado (Logan County)

Services - Hotels & Other Lodging

Asking Price $1,200,000 Inventory  
Gross Income $312,000 Real Estate  
Cash Flow $17,000 Year Established 1973
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Expense:5000-6000/m Year:1973 Land size:2.65 Property tax:11000 Insurance:7000/y Utility Expenses: gas-2500; water-500; trash-100; cable internet- 500; cpa-120; credit card fee-200 65-70%card; phone-250/m; ads-1500/year payroll-2 owner,1 full 600/m -Avr:$79.99/summer,vacation,55.99/winter,when vacated 49.99 There is a restaurant with $200,000.00 valued (0.58 acres) you can buy separately. Occupancy is almost 90-100% every singleday. Right by I-76 exit. Great visibility from the high way. It has a huge parking lot. You can do golf, hunting, yachting. Lots of public work ( ethanol work,pipe work) Right by I 76 exit-125 Sterling jail 2nd biggest jail in Co.Wind mill energy factory work nearby

Facilities: Rooms:30(1 for living,1 for manager) 1 bed :8ea (queen 8ea, king 3ea,db 2ea)15ea 2 beds, all price per room is same.

Support/Training: 2weeks

Business For Sale By

simon kim

720-266-8308

HTT REALTY

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