Services - Hotels & Other Lodging | Retail - Other Eating & Drinking Places

Asking Price	$2,900,000	Inventory
Gross Income	$1,350,000	Real Estate
Cash Flow	$282,200	Year Established	1976
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

9.73% Cap rate on full year 2008. 2009 trailing twelve is up 10% over previous year. 17.34% Cash Flow on proposed USDA financing with 25% down. Sunny Eastern Oregon near the beautiful Columbia River Terrific Owner Operator Property Multiple Income Streams 2x Gross Income 66 Rooms plus 138 seat Restaurant and 50 seat Lounge Sunny Eastern Oregon entices thousands of visitors every year and the Desert River Inn offers delicious regional cuisine, convenient meeting space, indoor and outdoor events and weddings venues, as well as easy access to a variety of locally available recreation. All this plus comfortable, well appointed rooms and suites with free wi-fi, seasonal pool, spa and much more!

Facilities: Comfortable 66 room hotel with restaurant and bar as well as recreational activities income sources from adjacent golf course, gaming, and lotto. Exceptional opportunity for owner/operator desiring high quality of life.

Competition: Adjacent to Golf Course and popular with outdoor enthusiasts (offers amenities specific to regional activities such as a "bird cleaning" room for hunters.

Growth/Expansion: Possible to brand, possible to increase occupancy with marketing and branding, possible to add additional lines of business and improve meetings/events activities.

Support/Training: Negotiable

Reason Selling: Retirement