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Selelr Financing! Keizer Renaissance Inn

86 Rooms and Suites with full conference facilities located near I-5 freeway with excellent proximity to Oregon's capitol city of Salem. This property built in 1998 is interior corridor with generously sized rooms, restaurant and bar, multiple meeting and events venues, indoor pool and spa and historically strong revenue. Appraised in August of 2008 at $8.2m, the owner is offering this exceptional property at $5.8m. Actual 2008 income was in excess of $2.2m and the property boosts a cap rate over 10.2% (including management and reserves!!). Franchise-able if desired by a new owner with minimal changes.