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Business For Sale

Owner Financing on 12-unit motel w 90% occupancy!

Kenton County, KY

Services: Hotel, Motel, Lodging

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$540,000
$90,000
Not Disclosed
$70,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1950
2
835328013
Owner Financing is Available!
Negotiable

Business Overview:

12 unit extended stay motel with a 2 Bedroom home for owner/manager, 2-car garage and shed located in the Cincinnati Metro Area. The site sits on 3 parcels comprising 7.26 acres. Prime site for redevelopment, zoned commercial, enabling it to be redeveloped to its highest potential. Frontage property on 2 main highways. The motels was built in 1950 and was completely renovated 13 years ago. The average occupancy of the motel exceeds 90% and the property is extremely clean and well maintained. Real estate included in sale price.

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.

Property Features and Assets:

12 unit motel with 2 Bed Room home, 2 car garage and shed.site sits on 3 parcels comprising 7.26 commercially zoned acres. Located 20 mi south of Cincinnati Oh.

Reason for Selling:

Retirement

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.

Resources: