Services - Hotels & Other Lodging

Asking Price	$495,000	Inventory
Gross Income	$159,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1955
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Southeastern Nebraska, on U.S. Highway 81 in the heart of America's agricultural country. Geneva, the seat of Fillmore County, has great schools and is a terrific place to bring up a family or to retire to from hectic big-city life. The property is situated on the town s north/south main street, with most services within walking distance. Geneva is located approximately 90 miles southwest of Lincoln 90 miles southwest of Lincoln, 20 miles south of York on Interstate-80 and 36 miles north of the Kansas state-line; city population is approximately 2,300 and county population approximately 7,500. The entire region consists of very fertile agricultural land and offers world-class hunting and a great lifestyle. FINANCIAL: 2008 Property Taxes approximately $4,810; hazard & liability insurance $4,550; average monthly utilities $580; average occupancy 50%; ADR $33.51. A sophisticated Buyer would take under consideration that the 2008 Room Revenue of approximately $159,000.00 was reported to absentee California ownership (since 2005) by frequently changing management. We estimate the potential Financial Upside for an Owner/Operator to be substantial. TERMS: SBA or Conventional.

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Facilities: 26 nice guestrooms in a U-shaped one-story brick/frame building were constructed in three stages, 1955, 1960 and 1970, and are in very good condition. Individual HVAC units, nice laundry facility with well-kept commercial equipment; an approximately 400-square foot basement is utilized for storage. Wonderful owners quarters consist of two-bedrooms (possibly three), one bath (possibly two), an attractive kitchen/dining room, living room, and a nice front office with reception area. Additionally, a garage, workshop, newly paved parking lot 2006