ONLINE AUCTION: JUNE ROOM KNIGHTS INN WEST MONKHOUSE DRIVE - SHREVEPORT, LA

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1 ONLINE AUCTION: JUNE ROOM KNIGHTS INN WEST MONKHOUSE DRIVE - SHREVEPORT, LA OFFERING SUMMARY Suggested Opening Bid: $1,200,000 PROPERTY OVERVIEW For sale, well located, revenue producing motel in Shreveport, Louisiana. On-Site Inspections: June 20th This three story, 148 room Knights Inn Hotel, is situated in an excellent location in a primary lodging interchange at the Intersection of Interstate 20 and Monkhouse Drive (54,704 VPD), just off Interstate 20 at the Shreveport Regional Airport. Lot Size: 4.39 Acres Year Built: 1978 Rooms: 148 Renovated: 1998 Market: Shreveport PROPERTY HIGHLIGHTS Excellent Location Breakfast Area Laundry Facilities Outdoor Pool Truck Parking Exterior Corridor Elevator/Lift Separate Manager's House (949 Square Feet)

2 ADDITIONAL PHOTOS

3 LOCATION MAPS

4 RETAILER MAP

5 DEMOGRAPHICS MAP POPULATION 1 MILE 3 MILES 5 MILES Total population 4,427 35,437 96,780 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,636 13,147 36,109 # of persons per HH Average HH income $39,819 $40,662 $39,124 Average house value $68,869 $87,255 $96,561 * Demographic data derived from 2010 US Census

6 TERMS OF SALE LOCAL INFORMATION Shreveport is the economic and cultural center of a ten-parish area in northwestern Louisiana that is home to 811,875 people. Situated at the Intersection of Interstate 20 and Monkhouse Drive. Shreveport is the economic and cultural hub for a ten-parish area in northwestern Louisiana that is home to 811,875 people. The property is close to regional demand generators, including Independence Stadium and Louisiana State Fairgrounds, Louisiana State University Health Sciences Center, Boomtown Casino, Harrah s Horseshoe Casino, El Dorado Casino & Sam s Town Casino, Shreveport Convention Center, Shreveport s Riverview Harrah s Louisiana Downs, and Barksdale Air Force Base. TERMS OF SALE ONLINE AUCTION: June 28th Auction Opens: Thursday June 28th, 10 AM (CST) Auction Closes: Friday June 29th, 3 PM (CST) ON-SITE INSPECTION: June 20th: 11 AM REQUIREMENTS: Bidding for this auction will be ONLINE ONLY. Bidders must complete the registration requirements as detailed at auctions.hilcoreal.com prior to bidding. EARNEST MONEY DEPOSIT: To participate in the auction, bidders are required to wire-transfer, overnight, or submit via credit card a fully refundable initial earnest money deposit of $10,000. If you are not the winning bidder your deposit will be returned to you. Wiring instructions are available for download at auctions.hilcoreal.com. DUE DILIGENCE INFORMATION: A Virtual Data Room has been set up and contains important due diligence information on the property. To gain access, buyers must register for an account at auctions.hilcoreal.com. BUYER'S PREMIUM: A 6% Buyer s Premium will be added to the High Bid Price. Hilco Real Estate, LLC in cooperation with Paul Lynn, LA Broker, Lic. #76068-ACT. Note: The above information is subject to inspection and verification by all parties who are relying on it to formulate a bid. No liability for its inaccuracy,errors, omissions, is assumed by the Seller or its agents.