– 2021 has been a banner year for this property – Limited competition (mostly older hotels) and no proposed hotels currently in the pipeline – NOI is over $634,000 for first 9 months on 2021 – NOI already higher than 2019 – Property’s 2021 Occupancy is 70.6% – Indoor Pool and Hot Tub – Breakfast Room and Fitness Center – 3.86 Acres of land – Estimated gross in 2021 is $1.7 million – Actual 2021 cap rate is 13% based on projected year end NOI – Price Per Key: $110,169. – Presented by AMHB Member: Alex Kovacs