Super 8 Motel for Sale in Winslow, Arizona
SOLD

The Super 8 motel is located on historic Route 66 in Winslow, off I-40, easy on and off ramp, Exit 252. Winslow is located 184 miles northeast of Phoenix, 58 miles east of Flagstaff. Sightseeing near Winslow would be the Petrified Forest, Painted Desert, Canyon de Chelly, Meteor Crater and others. A large lobby adjoins the breakfast area. Office/registration area is also large and adjoins a living area for Manager/Owners. It consists of family room, kitchen, full bath and dining area. The present Owner uses the adjoining room for an additional bedroom and extra bathroom. A large 2-car garage was built in back of the Motel. The motel was constructed and opened as a Super 8 motel in 1983. The Motel consists of 47 guest rooms. One guest room is used by the present Owners; 13 rooms have King Beds and 33 rooms have two beds. Two rooms are handicap equipped. All rooms have new 25" color television sets. There are electronic locks throughout the Motel. All have individual heating and air conditioning units. Carpeting in rooms was replaced three years ago; furniture was replaced in 43 rooms three years ago. The original furniture remains in three rooms for guests with pets or construction workers, etc. All laundry is done in-house. Laundry room has two commercial dryers and two washers. The laundry room has restroom facilities for the maids. The Motel has a water softener and all water heaters are located in the laundry room area for additional convenience. The Super 8 Franchise is up for renewal in October 2004. The Seller will sign a new License Agreement in August of 2004. In the event the property is sold prior to August 2004, it would allow a potential Buyer to change franchises. The Motel is now a "Pride of Super 8" property and it would be prudent to continue to operate as a Super 8. Price: $1,200,000 SBA and conventional is available with a 25% cash down payment.