702 S. First St. Sale Price: $3,459,000. Property Features. Clayton, NM For Sale Best Western Kokopelli Lodge - Clayton, NM

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1 For Sale Best Western Kokopelli Lodge - Clayton, NM 702 S. First St. Clayton, NM Property Features Building(s) Size: 25,220 Sq. Ft. Land Size: 85,500 Sq. Ft. The property consists of 50 rooms on two floors and is highly visible from the major road. Property Condition: Very Good, Clean and well Maintained. Sale Price: $3,459,000 Bill Shattuck, CCIM, CBI billshattuck@1stvalley.com 1155 S. Telshor Las Cruces, NM stvalley.com NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.

2 The Property 702 South First St., Clayton, NM Best Western Kokopelli Lodge Best Western Kokopelli Lodge is a uniquely branded premier motel, specializing in clean and secure lodging with a commitment to comfort, privacy and peace of mind. Key Highlights: Nearby Cities: mile(s) from Dalhart, TX mile(s) from Springer 107 mile(s) from Dumas, TX 200 mile(s) from Pueblo, CO mile(s) from Raton mile(s) from Guymon, OK 132 mile(s) from Amarillo, TX 244 mile(s) from Colorado Springs, CO Recreation: 1.00 mile(s) from golf, located at Clayton Golf Course. Open year round mile(s) from playground, one is located at the Clayton Airpark, the other at the Union County Fairgrounds mile(s) from Nature preserves, located at Clayton Lake nature trails & hiking trails mile(s) from boating, located at Clayton Lake. Boats are allowed on the lake, but are restricted to trolling speeds. Sailboats and canoe s are also allowed on the lake mile(s) from swimming, located at Clayton Airpark. Claytons Municipal swimming pool is seasonal. Open from Memorial Day to Labor Day mile(s) from tennis, located at the Clayton Airpark, tennis courts are available for your enjoyment mile(s) from fishing, located at Clayton Lake. Clayton Lake is a popular spot for anglers hoping to catch trout, catfish, bass and walleye. Clayton Lake Park is also site of permanent observatory, and Dinosaur tracks with exhibit. 1.0 mile from public swimming Approximately miles from The Historic Santa Fe Trails

3 Property Summary Overview PROPERTY SUMMARY OVERVIEW Property Name: Best Western - Kokopelli Lodge Property Address: 702 South First St., Clayton, NM Product Type: Nightly Stay Motel Property Description: The property consists of 50 rooms on two floors and is highly visible from the major road. Building SF: 25,220 SF (based on Appraisal) Land SF: 85,500 SF (based on Appraisal) Property Condition: Very Good, Clean and well maintained. CLAYTON, NEW MEXICO subject property

4 Clayton, NM is a favorite stopover for those in between travels, en route to Dallas, Albuquerque, Oklahoma City, Kansas City or Colorado.

5 Property Amenities Kokopelli Lodge Amenities Hotel Amenities: 100 % smoke-free hotel Complimentary breakfast Outdoor pool, heated, seasonal, pool towels available in the pool area Multilingual staff speaks English and Spanish Ice/vending machine Business center, 24 hour, free Fax service, nominal fee Self controlled heating/cooling system in guest rooms Exercise facility, open from 6:00 a.m. to 10:00 p.m. includes cardiovascular equipment. Weight lifting equipment Stationary bike Treadmill 24-hour front desk Exterior corridor Cable or satellite television, 24 channels available through Dish Network Free wireless high-speed Internet access available in public areas and all guest rooms Computer available Photocopy, nominal fee Dataports Mail services Mail drop off, picked up daily by USPS Physically challenged services portable shower bench. Physically challenged facilities grab bars, ramps Parking for the physically challenged Giftshop with unique southwest gifts. Free parking, outdoor Truck/RV parking, oversized parking area Higher rates may apply for holidays/special events Picnic area, park and shuffle board Guest Room Amenities: Cable satellite television, digital with movie channels AM/FM alarm clock Coffee/tea maker Hairdryer Iron, ironing board Desk/work area Dataports Free local calls under 30 minutes Rooms with king or queen beds Cribs available, nominal fee AM/FM radio stereo Refrigerator High-speed Internet access, Two rooms are hard wired, wireless dataports in all guest rooms Air-conditioning Wake-up calls Pool View - four luxury rooms located upstairs over pool area.

6 Price: $3,459, Total Rooms: 50 rentable rooms and one luxury room being used for office. Laundry Room: (2) 30# Washers, (2) 50# Washers, & (4) 50# Dryers Offering Summary Three Buildings: North Building: 17 guest rooms & laundry, built in 1984, remodeled in 1995, refurbished several times since. Roof replaced less than 5 years ago. West Building: 28 guest rooms built in 1995 refurbished several times since, 6 luxury rooms built in Roof replaced less than 3 years ago. Guest Services Building: This building has been remodeled inside and out several times in the last 39 years. Lobby, Gift Shop, Fitness Room, Dining Room and Commercial Kitchen. Roof replaced October Room Types: (2) KHNS, (16) KNS, (3) KNSEXC, (4) QQLNS, (24) QQNS, & (1) QQSNS Occupancy ADR Room Revenve JAN 43.2% 39.7% FEB 33.4% 38.3% MAR 59.5% 65.4% APR 44.5% 48.3% MAY 61.0% 63.3% JUN 84.8% 81.7% JUL 92.1% 97.4% AUG 79.4% 88.2% SEP 75.3% OCT 59.8% NOV 53.7% DEC 51.7% Average 61.7% JAN $98.30 $ FEB $97.49 $ MAR $ $ APR $95.05 $99.52 MAY $ $ JUN $ $ JUL $ $ AUG $ $ SEP $ OCT $ NOV $ DEC $ Average JAN $65, $64, FEB $45, $55, MAR $96, $104, APR $63, $72, MAY $98, $103, JUN $150, $144, JUL $169, $174, AUG $152, $152, SEP $126, OCT $98, NOV $82, DEC $85, Total $1,235,573.00

7 Room History End of Year Totals End of Year Totals Occupancy 60.10% Occupancy 61.70% ADR $ ADR $ RevPAR $65.35 RevPAR $67.67 Financials Pro-Forma January August January EOY Estimated Occupancy Average 65.29% Occupancy Average 64% ADR $ ADR $ RevPAR $71.23 RevPAR $69.45 Income & Expenses Revenues $1,208,758 $1,259,603 $1,305,903 Expenses Salaries & Wages $398,990 $429,129 $429,560 Taxes $48,773 $49,310 $58,228 Advertising $9,786 $12,135 $7,961 Credit Card Fees $25,942 $30,757 $30,004 Franchise Expense $33,052 $35,236 $33,803 Insurance $32,581 $38,836 $43,625 Office Expense $14,456 $10,235 $18,799 Supplies $150,535 $171,215 $160,710 Telephone $14,367 $15,745 $17,763 Utilities $68,741 $74,836 $74,924 Repairs & Maintenance $25,147 $38,264 $58,228 Travel Agent Fees $8,507 $21,716 $37,436 Other $23,467 $21,306 $22,702 Total Expenses $854,344 $948,720 $993,743 Net Income $354,414 $310,883 $312,160 FF&E Reserve (4%) $48,350 $50,384 $52,236 EBITDA $306,064 $260,499 $259,924

8 Property Photos

9 Bill Shattuck, CCIM, CBI Qualifying Broker Business Broker SCOPE OF SERVICE EXPERIENCE Specialties: Multi-Family, Investment, Retail Leasing, Businesses 1st Valley Brokers EDUCATION Bill attended Western State College and Colorado State University from majoring in Business Administration, Marketing and Operations with a minor in Construction Management and Architecture. He is a graduate of the Realtor Institute and is a CCIM and CBI Designee S. Telshor, Suite 100 Las Cruces, NM c billshattuck@1stvalley.com 1stvalley.com SIGNIFICANT TRANSACTIONS Negotiated land lease in Deming, NM with Walgreens and the City of Deming. Negotiated sale of $2.8 million apartment complex in Alamogordo, NM Negotiated sale of $2.25 million RV park in Las Cruces, NM 30 Unit Apartment Complex. Designed, rezoned, and developed land to build $3 million complex. Negotiated sale of furniture business with annual sales of $1.2 million and leased building for 10 years. Recent Business Sales: Two Wendy s Restaurants in Southern, NM, and Three County Title Company Business Southern, NM and Liquor License/Nightclub, Las Cruces, NM BACKGROUND & EXPERIENCE Purchased $1.6 million in assets of Western Furniture/Western Realty and managed staff of 18 during transition. Owned and operated a retail business for 18 years with average annual sales of $1.2 million in Deming, NM.Started and led WestStar Escrow in San Diego County which grew to two prominent escrow offices in 2 years. Developed and implemented the formation of Zero Investment and Escrow Company in Albuquerque, NM, to one of the leading companies in the industry. PROFESSIONAL AFFILIATIONS & DESIGNATIONS CCIM - Certified Commercial Investment Member, Designee CBI - Certified Business Intermediary, Designee National Association of Realtors Commercial Association of Realtors of New Mexico Graduate of Realtor Institute Previously: City of Deming, Former Mayor Pro Tem Planning and Zoning Commission, Chairman Extra Territorial Authority Board, Deming, NM Chairman Deming Soil and Water Conservation District, Vice Chairman Chamber of Commerce, President New Mexico Escrow Association, Vice President