Motels for Sale Hotels for Sale Inns for Sale

87-Guest Room motel located 180 miles east of Houston and
35 miles north of Lake Charles Louisiana.

The motel is located 3 miles from the Grand Casino Choushatta, the largest casino in the state of Louisiana.

The Motel was built in 1997, and features all guest rooms with
either King or Queen beds and Two 2-room suites.

North-facing side view of motel property consist of one, two-
story building of wood-frame construction with masonry exterior siding situated on approx. 3 acres of land with concrete-surfaced parking lot.

Motel was sold in 1998 for $2,400,000 with financing
provided by current seller, and seller has repossessed the motel.

South-facing side view of motel seller is very motivated to sell,
and has priced the property to sell quickly- property currently
has an appraised value of $2,000,000.

Motel can be franchised at minimal capital costs to improve revenue.

Seller will respond quickly to all reasonable offers.

Financial Summary - 10 Months ended 10-31-01