| 105 Room, Exterior Corridor Hotel, Well Positioned as the Only Extended Stay Hotel within 25 Miles, Excellent Location Directly on Interstate 75 |
| Completely Renovated: New Electrical, Plumbing, Mechanical, Fire Alarm, Sprinkler, Drywall, Flooring, Paint, FF&E and More. Total Cost of CapEx: $4.4M |
| Full Kitchenettes in Each Room Including Stove Top, Refrigerator, Sink, and Microwave |
| Conversion Opportunity: Several Flags Available with Key Money Incentives including Suburban Studios (Choice), Select Suites (ESA), Red Roof Inn, etc |
| Pro Forma Revenues of $1,607,331 in Year 1 and Net Income of $557,229 |
| Certificate of Occupancy Date: Aug/Sept 2024. Seller Highly Motivated to Sell Prior to Opening - Offers Encouraged for Buyers with at Least 20% Down |
Tim Takao
Amber Hotel Company
