Services - Hotels & Other Lodging | Services - Other Travel & Transportation

Asking Price	$3,300,000	Inventory
Gross Income	$788,050	Real Estate
Cash Flow	Not Disclosed	Year Established	2002
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

The Comfort Inn, located in Walcott, Iowa is a 55-room, interiorcorridor, limited-service property. Built in 2002, the Comfort Inn is situated off Exit 284 of Interstate Highway 80, which is a major transcontinental highway that runs from New York City through Chicago and Salt Lake City and ending in San Francisco. At only five years of age, the property provides quality lodging to the millions of travellers who go through Walcott each year. Offered at $60,000 per room, the property is well-below replacement cost has a solid base of business in place. A primary market driver is the Iowa 80 Truckstop, the World's Largest Truck Stop which has more than 5,000 visitors each day. The Comfort Inn is located directly adjacent to the Iowa 80 Truckstop. Offered separately is the 50-room Days Inn also located in Walcott on the opposite side of the I-80 adjacent to McDonald's. See Listing Agent for additional details.

Financing: Proposed Financing - New Loan, Assume 1st TD $2,475,000, Down Payment $825,000