Very busy highway location - 141 units – Previously built as Holiday Inn full service in two phases, original 99 units were built in 1963, later rest of the units were added in 1985. Then it was converted into Ramada. After the previous owners bought it, they converted it to an independent hotel as Azalea Inn. Lender is willing to finance with 10% down payment to a qualified buyer. Selling price is below the replacement cost.
Asking price is reduced to only $1,199,000.
