Remarks

13% CAP! 2.9 REVENUE! Sleep Inn of Post Falls is a modern and well maintained 84 room hotel perfectly located just off I-90 ramp adjacent to a major regional outlet mall serving business and recreation visitors to both the Spokane areas and Post Falls/Coeur D’Alene. The owner has recently completed PIP mandated by Choice Hotels requiring an investment of over $800,000. Nearly everything in the hotel is new, including carpets, bedding, case goods, window treatments, shower units, and granite countertops has been replaced in the last 3 years. Sleep Inn is a rare opportunity for an astute investor to buy a like new hotel property on a freeway location, with growing revenue at a reasonable price.