BUYER ALERT !

The Chalet Motel at Whitefish, Montana, was sold - in escrow, but the Canadian buyer did not qualify for the new bank loan.

Please respond immediately if you wish to receive the complete (updated as of May 2008) information package.

EXCELLENT BUSINESS LOCATION ON STATE HIGHWAY
Adjacent to Holiday Inn Express, Subway, Taco Johns, Pizza Hut, Restaurants, Deli, Casino, Gas Stations and Shopping Mall
EXCELLENT, POPULAR WINTER SKI AREA !!!

ROOMS are 14 X 24’ with full tub/shower vinyl floor bathroom and separate vanity closet area One King, One Queen, 31 Double Queens, plus a large Knotty Pine Suite with Fireplace, all with Microwave, Refrigerator, Coffee Maker, Wireless Internet and New Phone System. Baseboard Electric Heat with Built-In 8,000 to 10,000 BTU Wall Air Conditioners, 19” Cable TVs, Hardwired Smoke Detectors with Central Alarm System, Solid Core Metal Doors Exterior Corridor two-story Frame Building, T-111 Wood Siding, Older Cedar Shake Roof Housekeeping Storage Room on Each Level, City Water & Sewer

3 Bedroom / 2 Bath OWNER's APARTMENT includes Full Modern Kitchen, Living Room with Fireplace, and full basement adjacent to Hotel Office. Electric Baseboard Heat and In-Wall Evaporative Cooler Air Conditioning 

Built in 1980 * 1.173 ACRES * Room for Future Expansion

Two 8 X 16’ Wood Storage Buildings / Freshly seal coated asphalt parking area with 48 marked spaces

1800 sq. ft. Pool & Spa Building - 1981 - with Forced Air Gas Heat, Windows along two walls
22,000 gallon Fiberglass POOL - 3’ to 7 1/2' depth + 425 Gallon Six Person HOT TUB SPA

FULL LAUNDRY with NEW Wascomat 75 lb. Gas Dryer and NEW Wascomat 40 lb. Washer Double Laundry Sink, Linen Storage and Linen Folding Table

Centrally Located Vending Room with Two Soda Machines, Ice & Candy/Snack Machines

2006 INCOME WAS $431,367 WITH $188,037 NET OPERATING PROFIT

2007 INCOME WAS $444,780 WITH $204,000 NET OPERATING PROFIT

$1,590,000

Minimum $290,000 Cash Down Payment Required
$1,100,000 (70% loan to value) Local Bank Financing Available
$200,000 Seller Carryback available @ 8% paid interest only monthly for five years

Information Request Form

Please provide us with this basic information if you would like further details on this listing.

Full Name (First and Last): ______________________________________

Principal ___      Broker ___    (please check one)

Down Payment Available: $ _________________________

Phone Number: ___________________________

Comments: _______________________________________________________

________________________________________________________________

Email this information to: jsc@lodgeprop.com

If you are not interested in this property, but wish to receive preliminary information on future new listings, please fill out this form and tell us in 'comments' at the bottom that you are interested only in future new hotel listings, and what size and type property you are looking for.