Business Overview:
Established motel including real estate for less than $17,000 / door. Interstate front between 2 large metro markets. 23 rooms with single, double and triple bed occupancy. Currently it houses a live onsite Manager who handles housekeeping. There is approximately 3 acres behind the motel which could be put to use for RV parking, storage, additional rooms, etc. Total property included in sale is 3.75 acres and large storage barn.
Caters to interstate travelers and current experience is ~50% pay with credit card, ~50% pay in cash. Rooms rent for $45 - 70 per night.
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Property Features and Assets:
Interstate Front between 2 major metro markets, 14,500 square feet.
Reason for Selling:
Owner pursuing other interests.
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.
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