J.L. Minelli Realty LLC
Phone: 800-718-0080 or 231-352-8180                                                                 Fax: 231-352-8182

 

 

For a complete package on this property please call (800)718-0080 or contact us

 

 

 

Executive Summary

 

  Property Name  Cadet Motor Inn

                               Listing Price :  $965,000

                               Location  443 East Chicago Street, Coldwater, MI

                               Number of rooms  32

                               Age  30+

            Living Quarters

: Spacious Living Quarters with Attached Lobby                                             

 

 

 

Room Breakdown
     

     One Queen:  10

   Two Queen:  7

     Two Double:  13

     Three Double: 2

 

 

 

Performance

 

 

2006

2005

2004

Room Revenue

$261,127

$279,588

$312,354

Total Expenses

 $180,874 $209,387 $200,589

Net Operating Income

 $80,253 $70,201 $111,765

 

                    

 

 

 

The information herein is believed to have been obtained from reliable sources, however J.L.Minelli & Associates neither represents, warrants, nor guarantees the validity of the information, which may be subject to errors.

 

Motel

Living Quarters

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