Business for Sale Overview:
Land 2.5 acres. Building: 8,300 square feet. 30 units. Average Daily Rate $52 per single, $57 per 2 bed room.
The motel contains 8,150¡¾ square feet and consists of 30 units in two separate buildings. The front motel building contains 3,882¡¾ square feet and consists of 15 units. Units 1-9 are single occupancy and units 10-16 are double occupancy there is no room #13. The rear motel building contains 4,368¡¾ square feet and consists of 15 units. Units 17-21 are double occupancy and units 22-31 are single occupancy. The units are heated by gas baseboard heat and the domestic water is heated by an oil hot water furnace. The units all have individual air-conditioning units. There is an end unit in the front building rear side is utilized as a laundry for the cleaning service.
The lounge and catering facility contains 8,772¡¾ square feet. The building is stucco and block with a flat built built-up roof. The improvements are constructed over a full part finished basement with a concrete floor. The building is split into a motel office, manager¡'s apartment, lounge and a catering room. The motel office takes up a small corner of the building and consists of a small lobby area and small office space.
Average Occupancy Rate: 75%.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.