outdoor pool recently renovated fitness center breakfast ...€¦ · 1231 puerta del sol, suite...

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OFFERING MEMORANDUM Outdoor Pool Recently Renovated Fitness Center Breakfast Buffet

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Page 1: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

OFFERING MEMORANDUM

Outdoor Pool Recently Renovated Fitness Center Breakfast Buffet

Page 2: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

TABLE OF CONTENTS

EXECUTIVE SUMMARY 3

PROPERTY OVERVIEW 11

Pocatello, ID

EXCLUSIVE INVESTMENT ADVISORS

Jennifer D. SteinJDS Real Estate Services, Inc.1231 Puerta Del Sol, Suite 100San Clemente, CA 92673Phone: 833.273.9123Email: [email protected]

JDS Real Estate Services, Inc.

Page 3: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

EXECUTIVESUMMARY

3

MOTEL 6 POCATELLO | Pocatello, ID

Page 4: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

PROPERTY SUMMARY

Asking Price $3,000,000

Address 291 W Burnside Ave, Pocatello, ID 83202

Year Built / Last Renovated

1990 / 2018

Stories 2

Site 99,317 sf (2.28 acres)

Building Area 38,000 sf

Guest Room Inventory 108

Food and Beverage Breakfast Buffet, Complimentary Breakfast, Snack Bar, Candy Machine

Other Amenities Outdoor Swimming Pool, Laundry, and fitness center.

4Executive Summary

MOTEL 6 POCATELLO | Pocatello, ID

Page 5: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

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Property Highlights

This is a turnkey 108-room, exterior corridorhotel built in 1990 and renovated in 2018. Idealfor an owner-operator or investor looking for agreat performing asset in economy hotels.

Conveniently located near Interstate 15 whichprovides quick access to downtown Pocatelloand with in two hours of Salt Lake internationalAirport.

The outdoor pool is sure to excite with seasonalswimming and sunbathing.

Executive Summary

AMENITIES

Outdoor Pool

Breakfast Buffet

Fitness Center

Meeting Room

Candy Machines

Laundry Facility

MOTEL 6 POCATELLO | Pocatello, ID

Page 6: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

Parcel Map

Property Overview 6

MOTEL 6 POCATELLO | Pocatello, ID

Page 7: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

Parcel Map

Property Overview 7

Four Points by Sheraton Airport SALT LAKE CITY, UTAHHoliday Inn Express & Suites Tulsa West | Sand Springs, OKMOTEL 6 POCATELLO | Pocatello, ID

Page 8: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

Parcel Map

Property Overview 8

Four Points by Sheraton Airport SALT LAKE CITY, UTAHHoliday Inn Express & Suites Tulsa West | Sand Springs, OKMOTEL 6 POCATELLO | Pocatello, ID

Page 9: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

9

Four Points by Sheraton Airport SALT LAKE CITY, UTAHHoliday Inn Express & Suites Tulsa West | Sand Springs, OK

Confidentiality & DisclaimerAll materials and information received or derived from JDS Real Estate Services, Inc its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as tocompleteness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property,projected financial performance of the property for any party’s intended use or any and all other matters.

Neither JDS Real Estate Services, Inc its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or informationprovided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence todetermine these and other matters of significance to such party. JDS Real Estate Services, Inc will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independentprofessionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. JDSReal Estate Services, Inc makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. JDS Real Estate Services, Inc does not serve as a financialadvisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents thatmay be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certifiedpublic accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicablegovernmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by JDS RealEstate Services, Inc in compliance with all applicable fair housing and equal opportunity laws.

MOTEL 6 POCATELLO | Pocatello, ID

Page 10: Outdoor Pool Recently Renovated Fitness Center Breakfast ...€¦ · 1231 Puerta Del Sol, Suite 100. San Clemente, CA 92673. Phone: 833.273.9123. Email: properties@jdsreservices.com

Motel 6 Pocatello POCATELLO, ID

Four Points by Sheraton Airport SALT LAKE CITY, UTAHHoliday Inn Express & Suites Tulsa West | Sand Springs, OK

Jennifer D. SteinJDS Real Estate Services, Inc.1231 Puerta Del Sol, Suite 100San Clemente, CA 92673Phone: (833) 273-9123Email: [email protected]

MOTEL 6 POCATELLO | Pocatello, ID