Profile: 103 Room Quality Inn Hotel.
|
Ad/Listing Information
|
|
 |
|
|
|
| Financial Information |
Detailed Information |
|
| Asking Price: |
$4,800,000 |
| Down Payment: |
Call |
| Annual Revenue: |
$1,474,050 |
| Annual Adjusted Net: |
Call |
| Price Range: |
Over $2 Million |
|
| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Yes |
|
|
|
Description:
|
This 103 room Quality Inn is on South Virginia Street at one of the busiest intersections on Reno’s major casino and shopping corridor. Strategically located, this property has the major downtown casinos to the north and the Peppermill and Atlantis casinos to the south where the large regional convention center is located. Well maintained the property includes a leased restaurant, lounge and swimming pool and spa in the garden courtyard.
2008 Room Revenue: 1,474,050
Restaurant Lease Income: 43,728 per year
Approximately 4,000,000 in assumable financing available to approved buyer.
|
|
