I-75 LIMITED SERVICE HOTEL

GROSS: $1,055,181 NET: $339,880

PRICE: $3,590,000

68 UNITS

This limited service property was built in 1998. Located in Naples, on the last exit before I-75 heads for Miami, the property offers all the benefits of today’s limited service facility. The hotel is 3 story with a large pool and hot tub. It features a spacious lobby and guest sitting area, a cozy breakfast area that will seat approximately 26 people, and a large Porto Cochere that will accommodate two vehicles at once.

Of the 68 units, there are 4 feature suites which are two rooms, 12 mini efficiency suites, 3 ADA compliant rooms, 39 double queens and 10 king rooms.

This property is situated with excellent Interstate exposure, and is only 7 miles from the white sand beaches of the Gulf of Mexico. Nearby restaurants include, but are not limited to, Cracker Barrel, Kelly’s Fish House, Antonio’s Italian Ristorante and Jammer’s Pub and Grill. This is an excellent opportunity to buy a limited service property that is three years old, well located and was little affected by the events of September 11.

FLORIDA RESORT GROUP, INC.

PHONE (727) 524-0066/frg@gate.net/www.frgi.com

Broker is an agent of and paid by the Seller. This document does not constitute or imply an offer of sub-agency to any other Broker. All information is obtained from Seller or Seller’s Agent and is believed to be accurate, but is not warranted by the Broker. #1143.