DESCRIPTION: -The subject property consists of a four-storey limited-service hotel that
was constructed in 2006. It contains 81 guest rooms, a pool with
waterslide, a fitness room, a breakfast room, a meeting room, and other
related hotel amenities.
– The foundation of the building consists of poured concrete grade beams supported by concrete piles and footings. Main flooring consists of a concrete slab on compacted granular fill.
– The superstructure consists of wood framing.
– Roofing for the main part of the hotel consists of metal roof decking and a rolled asphalt roofing membrane.
– There are approximately 94 paved parking stalls provided at the front (east) of the site. Paved parking for an additional 50 vehicles is provided to the west. This western lot can also accommodate truck parking.
BREAKDOWNOF THE ROOM
– 43 Standard Double Queen Rooms. – 8 Standard Single King Rooms.
– 2 Accessible Single King Rooms. – 11 Extended Stay Suites (one king or two queen beds).
– 8 Mini-Suites (one king bed). – 3 Executive Suites (one king bed and jacuzzi).
– 3 Boardroom Suites (one king bed and boardroom table).
– 2 Family Suite (two queen beds or one queen bed and two twin beds).
– 1 Jacuzzi Suite (one king bed and jacuzzi).
SITE AREA: 2.5 Acres
ZONING: HC (Highway Commercial District).
REVENUE (Year end March 31) 2019 : $3,427,654,
2020 : $3,047,709,
2021 : $2,705,752,
2022 : $3,835,904
REVENUE COMPARISON 2022(Jan to June) 2021(Jan to June) Diff
$1,958,230 $1,013,978 + $944,252
NOI 2021 : $1,347,956 , 2022 : $2,082,671