Services - Hotels & Other Lodging

Asking Price	$385,000	Inventory
Gross Income	$50%	Real Estate
Cash Flow	Not Disclosed	Year Established	1920
FF&E	N/A	Employees	4

* included in the asking price

** not included in the asking price

Hotel,motel, apartment complex in central downtown location...in Ontonagon, near Porcupine Mt. State Park, near snowmobile trail, Ontonagon River and Lake Superior for recreation and fishing, hunting, hiking, retirement...PLAY HERE AND STAY HERE

Facilities: Motel building, apartment/hotel building, paved parking lot. Adding two new apartments...many recent upgrades

Competition: Premier downtown location, only hotel/motel in downtown area...established business reputation and high occupancy levels. The Village of Ontonagon is a small town on the shores of Lake Superior......The Ontonagon River.........it is Harbor Town..........with a Theater for the Performing Arts, Porcupine Mt. State Park for skiing, cross-country skiing, snowmobiling...just minutes away.........fishing on Lake Superior and The Ontonagon River.........hiking minutes away......

Growth/Expansion: Additional growth can be achieved through marketing and advertising

Support/Training: As necessary

Reason Selling: Retiring