Services - Hotels & Other Lodging

Asking Price	$2,950,000	Inventory
Gross Income	$1,063,265	Real Estate
Cash Flow	$265,600	Year Established	1991
FF&E	N/A	Employees	27

* included in the asking price

** not included in the asking price

This is an excellent motel in rapidly growing NW Arkansas. Has 68 units plus spacious living quarters. The owner will consider wrap financing to a qualified buyer. Remodeled in 2005 with new carpet, window treatment, air conditioning units, bedspreads, lamps, shower curtains, mirrors, sound boards. Flag property with all requirements met and current. The average daily rate is $75. Appraised 5 years ago for $3.2 million. Additional information provided to qualified buyers who complete confidentiality agreement and buyer questionnaire.

Facilities: Property has nice appeal, located on 6 acres, hotel occupies 3 acres leaving room to expand. Motel has an in-house laundry. Nice pool, nature and walking area. Motel has exterior corridors. Close to restaurants, shopping, and area activities.

Competition: This is an extremely attractive motel in a competative market.

Support/Training: Seller willing to train new owner.

Reason Selling: Other business interests.