CENTRAL DOWNTOWN BUSINESS LOCATION

AREA'S MAJOR INTERSECTION OF STATE HIGHWAYS

2008 Income UP Nearly $90,000 !
This Year Should End Up At About $1,100,000.
Excellent Location * Reasonable Price.

NINETY EIGHT ROOMS

FOUR SUITES + FORTY-THREE DOUBLES + FIFTY-ONE SINGLES

Two Diamond AAA with spacious, clean, comfortable rooms

Full tub and shower Bathrooms with full-wall mirrored Vanities

Hairdryers, Coffee Makers, Built-in Wall HVAC Units, Wireless Internet

Exterior and Interior Corridors

Large new 2,200 Sq. Ft. guest lobby with

buffet breakfast area and piano lounge

One bedroom apartment with fireplace family room

Fitness room & jacuzzi

Full commercial laundry -- all new linens owned

BUILT IN 1962 AND 1972 - ORIGINALLY 100 ROOMS

THREE CONCRETE MASONARY TWO-STORY BUILDINGS

TOTALLING 45,300 SQ. FT, ON APPROXIMATELY 1.5 ACRES

NEW FRONT LANDSCAPING, AWNINGS & READERBOARD SIGN

FRESHLY SEAL COATED ASPHALT PARKING AREA

NINETY-FOUR MARKED PARKING SPACES

2007 ROOMS INCOME WAS $ 981,003

NET OPERATING INCOME APPROXIMATELY $418,000

2008 ROOMS INCOME WILL END UP OVER $1,100,000

$3,450,000 / $850,000 Minimum Cash Down

Request the Complete Information Package

JACK SPEARS COMPANIES
BIGFORK, MONTANA
406 - 837 - 0196 * jsc@lodgeprop.com

SHOWN BY APPOINTMENT ONLY

2005 / 2006 CAPITAL IMPROVEMENTS

New Beds in 60 Rooms 38,400

New Carpets in 60 Rooms 34,200

Energy Saver Lights in all rooms 1,600

New Reader Board Front Sign 6,000

New Fitness Center 12,000

Installed Wireless Internet System 5,800

__________

$ 98,000

2007 / 2008 CAPITAL IMPROVEMENTS

Franchise - License, Software, Training, Signs, etc. 40,000

All New Franchise Amenities in all rooms 20,000

Room Upgrades - 30 New Bathrooms - flooring, caulking, etc.

Rooms - paint, carpet, bedding, etc. 40,000

All New 27" Televisions 17,300

All New Secure Locks with Door Plates & Door Closers 24,000

SafeMark In-Room Safes in all rooms (split profit / not owned) 1,000

40 New Magic Chef Mini Refrigerators 4,200

New Out Curved Shower Rods & Shower Curtains in all rooms 8,600

50 New Built-In Wall Air Conditioning Units 20,000

New railing around all outside room decks and patios 15,000

Upgrade and Expand Wireless Internet Service to entire hotel 3,700

All New Linens 18,400

New Commercial Washers (2) and Dryers (2) for Central Laundry 13,300

Two New Ice Machine Bins 6,100

New Tile Entrance areas (3) in West Hotel building 5,000

Tile Floor, Paint Jacuzzi, Remodel Bathroom in Spa 4,800

Carpet hotel interior hallways as necessary 17,000

Converted former restaurant area to New Lobby with buffet breakfast

and Piano Guest Lounge 11,900

Enclosed Outside Trash Area 800

Front Landscaping, New Flowers & Plants, Upgrade Fountain Area 4,600

Parking Lot (partial new at south entrance) Seal Coated & Stripped 14,000

Convert former guest lobby area to meeting room 3,000

___________

$ 292,700

TOTAL CAPITAL IMPROVEMENTS OVER PAST FOUR YEARS: $ 390,700

Request the Complete Information Package

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About Kalispell, Montana