GREAT POTENTIAL FRANCHISE HOTEL
DESCRIPTION: 77 guest room, swimming pool, game room, fitness room and business centre.
BREAKDOWN OF THE ROOM Standard Room – Two Queens / One King 45
Accessible – One King 1
King Suite – One King 15
King Suite – One King and Sofa 8
Family Suite – Two Queens 8
SITE AREA: 2.45 Acres
ZONING: C-G; Commercial General
AGE: - Originally constructed in 1999 as Holiday Inn Express till April 2007.
-Converted as Lakeview hotel from May 3,2007 to June 1 2017.
-Converted as Days Inn & Suites on June 1, 2017.
-Fully renovate from June 1 ,2017 to November 30, 2017 by spending about $1.7M.
REVENUE: 2018 Projection ) Revenue: $1,440,000, NOI :$502,000
AREA DESCRIPTION - There will be new Cannabis production facility in this city soon.
-XXXXX also knwon as strong food processing industry.
- The oil and gas sectors play an importantrole in this local economy.
- Pupoulation is 14,151.