Property was Hampton Inn for the past 20 years.
Converted to Jameson Inn in January 2016 (January to July 2016)
Property was closed from August 2016 to November 20016
Reopen back in December 2016 as Motel 6
2014 revenue as Hampton Inn was $1,200,000
2015 revenue as Hampton Inn was $1,195,000
2016 revenue from January 1st to July 2016 as Jameson Inn is approximately $400,000
Open as Motel 6 December 2016 - Projected revenue is $850,000
Motel 6 requires $250,000 PIP over 3 years.
Please take a look at the property and make an offer before asking for more detailed information.
Feel free to make an appointment to see the property.
DO NOT TALK TO EMPLOYEES.