Renovated Hotel/ Motel great location + 3 bd house next door

Asking Price$1,700,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

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Renovated Hotel/ Motel great location + 3 bd house next door


Asking Price$1,700,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
This renovated Hotel/ Motel sits on over 3 acres. The property was just completely renovated and has been well maintained and is ready for a new owner.

-Hotel has 48 rooms

-Gross revenue is $417K

-Occupancy is 37.5%

-Average revenue per room (ADR) $64.80

-Laundry area, breakfast area/meeting room plus a 256 sq. ft. utility building.

-Blacktop parking lot and concrete sidewalks are in excellent condition and there is also a limestone lot in the rear for semi parking.

***The bonus to this property is a 1350 sq. ft. 3 bed room, 1 bath single family home with one stall garage built in 2004 that is located on site.
Listing Info
ID:
2048624
Listing Views:
3030

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Property Listed by: Anastasi Michailidis Global Petro Advisors

Listing ID: 2048624 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.