INVESTOR OPPORTUNITY
Posted on: Monday, 08/31/2009

THIS UNIQUE INVESTMENT OPPORTUNITY IN THE HEART OF THE SAN JOAQUIN VALLEY ARTHERY BETWEEN LOS ANGELES AND SACRAMENTO IS FOR THE RIGHT INVESTOR WITH A VISION OF THE FUTURE AND DAILY CASH FLOW.

Asking Price $4,900,000 Gross Revenue....................N/A Cash Flow..........................N/A Inventory...........................All Inclusive Real Estate.........................6.8 Acres Number of Rooms...............0ver 200 Year Remodel.....................1994 Employees..........................Undisclosed Franchise............................No Building Size......................86,000 approximately Home-based........................NO Freeway Proximity..............Yes Owner Apartment................Yes (4 Bd Suite)

This recently refurbished single story, over 200-rooms, exterior-corridor, limited-service Condo/Hotel situated on 6.8 acres near Freeway 99 in Fresno and within ten minutes of the Fresno State University of Fresno California. The hotel has a business center, plenty of parking, guest laundry, two swimming pools, and truck/RV parking. The hotel is offered at less than three times room revenue with all inventory including but not limited to all furnishings, window coverings, television sets, bedding, computer, telephone system etc. Only the 86,000 building and the 6.8 acres are being sold. No franchise.

There is limited competition in the immediate vicinity of the hotel with only two other hotels within one mile and no single condo hotel or apart-hotels in the area.

Contact the ETCHART REAL ESTATE CONSULTING GROUP for more information:

Vicktor Etchart MPh.D.
559-681-8976
Etchart@ClovisREA.com