DESCRIPTION:
– The subject property currently consists of a 138 rooms.
– The total number of Kitchenettes are 60 rooms(1 in Inn, 23 in Lodge 36 in Eagle 3) , and 18 kitchenettes are all the time occupied by the emergency medical & Safety crew.
LEASE DETAILS:
– Restaurant & Lounge: $310,000/Year
– Liquor store: $60,000 /Year Total : $370,000/Year
– All of FF& Equipment are owned by the landlord.
SITE AREA: 4.23 Acres
ZONING: Highway Commercial District
REVENUE (Fiscal year November 30 )
2022: $4,602,995 (Room: $4,287,453, Rental: $315,542, Others: )
2023 :$4,374,850 (room :$4,018, 115, rental : $356,735)
NOI 2021 : $2,030,469, 2022 :$2,692,961,2023 :$2,252,266