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Motel Property Highlights:Building area is 10,597 sq ft!Rentable Rooms: 24Asking only about $19,000 per key!Property is /- 2.63 acres! Included with the property is an apartment with 2 bedrooms and 2 and a half bathrooms!Multiple access points to the property!Full brick construction with a metal roof!Property shutdown a few years ago due to operator issues!Geographical and Demographic details:Minimal competition in the area! Only other competitor is City Heart Inn & Suites. Huge demand for additional lodging in the area! Close proximity to the highway and plenty of land on the property would attract truckers to the motel!Terrapin Creek brings steady spring through fall traffic for kayaking and camping, creating natural two-night stays that combine a paddle day and a trail day. The Pinhoti Trail intersects the Chief Ladiga Trail near Piedmont, drawing backcountry hikers, creating an opportunity for hiker-hostel lodging. The Chief Ladiga Trail, Alabama’s longest paved rail-trail, runs approximately 39.5 miles from downtown Anniston to the Georgia line, connecting with Georgia’s Silver Comet Trail for nearly 90 miles of continuous paved corridor. This trail system generates consistent, year-round demand from cyclists needing overnight accommodations. Anniston Army Depot, located about 25 to 30 miles southwest, is Calhoun County’s largest employer and drives steady demand from contractors and work crews seeking extended-stay lodging. Jacksonville State University, about 10 to 13 miles south, brings visitors for game days, graduations, orientations, and parent weekends, and as one of the region’s top employers, it contributes to consistent local lodging needs. 14 Miles from Edwards Farm Airport and 20 Miles from Reilly AHP Airport! Only one mile away from Fagan's Park and 2 Miles from Parris Lawns! 3 Miles from Piedmont Aquatic Center water park, Piedmont Golf range and Dugger Mountain Golf Driving Range!Population is increasing by 2% every year!Median Household Income is $52K!Less than 2 hours from Atlanta! 1 hour 30 minutes from Birmingham, AL! 1 hour 40 minutes from Chattanooga, TN! 2 hours from Huntsville, AL!Asking Price for the Property is only $459,000!
Efficiency Apartments and Manager's Suite in Butler, AL! Great Opportunity for Early Retirement!Seller is willing to Lease-Purchase the Property for $120,000 down payment! Avoid going to the bank! Key Financials:Yearly sales are currently $118,000! Net profit is $65,000 per year AFTER paying all other expenses including a Manager's Salary of $13,000 per year that occupies the Manager's Suite onsite.The out-of-town manager will leave upon the sale. Seller's manager can provide one week of training after closing.Perfect for an owner-operator to take home $78,000 per year! That is an extremely high 21.14% Cap Rate!20 rooms plus manager's suite included!New A/C UnitsNew 40” LED Flat Screen TVs!Spacious Living Quarters with 4 Bedrooms & Large Living Space for the ManagerAll 20 rooms are fully booked for two months each year when the Georgia Pacific plant shuts down for cleaning!Property includes one acre of land! The traffic count is 5,230 vehicles per day. Located just 20 minutes from a Georgia Pacific manufacturing plant employing 2,500 people, plus minutes from a major gas company and a power plant!Nearby restaurants like Hot Stuff Pizza, Kain's Tex-Mex, Burns & Burns, Bama Crawfish Co, Subway, and McDonald's!Close proximity to Butler Apartments, Linden Apartments, and surrounding rental properties serving Choctaw County!Nearby hotels like The Mason Downtown, Western Inn Butler, and The Mason!Close proximity to Choctaw County Elementary School, Choctaw County High School, Patrician Academy, and U Matter Academy collectively serve over 1,000 students and faculty!Only 45 minutes from Meridian, MS! 1 hr 30 min from Tuscaloosa, AL! 2 hrs from Jackson, MS! 2 hrs 20 min from Montgomery, AL and Birmingham, AL!Asking Price for the Business and Property is only $369,000! Pay less than the price of a house for a fully income-producing property!Seller is willing to Lease-Purchase the Property for $120,000 down payment!
Key Financials:The Car Dealership business model is as follows: Customers make a down payment equal to or greater than the cost for the vehicleThe Business then finances the remaining purchase price at 24.95% APRThe Business receives monthly loan payments for all of the vehicles that are sold; andThe Business's cost of the vehicle is effectively $0 because the customer covers the cost of the vehicle through the down payment.The Business has more than 100 loan accounts with each account collecting between $250 to $275 per month in car loan payments! Therefore, income from the car loans is more than $25,000 per month!All loaned cars are tracked with a built-in sensor! If the payment is even one day late, you are permitted by law to repossess the vehicle. Repo company has a high success rate in repossessing the vehicles!Seller has a Mechanic onsite to handle repairs! Minimal learning curve for the Buyer!Yearly Net Profit is approximately $177,000 which is AFTER paying $38,000 in Owner's Payroll and $45,000 in Employee Payroll, as well as all other expenses! Owner-Operator can take home over $215,000 per year! Store & Property Information: Closed Sundays! Favorable hours from 10 am to 6 pm each day! Seller is looking to semi-retire!Be Your Own Boss Today! Work only 8 hours a day for 6 days a week! Seller can provide 2 weeks of training after closing! Main building is 2,500 SF! Property is 0.45 Acres!Building includes a lobby and two separate offices as well as a separate Mechanic Shop for car work.Equipment includes 3 vehicle lifts! Seller also recently purchased a tire machine! Buyer can start selling tires and generate additional income! New HVAC was installed in 2024 and the building's electrical panel was replaced in 2019!Highly visible corner lot with two-way access to each road!Google Reviews are 4.4 Stars! Business is trusted by the local community!Geographic & Demographic Information:Property is located at a busy intersection that sees over 21,000 vehicles pass by daily!Over 125,000 residents within 5 miles of the store. Population is projected to grow by over 2% over the next 5 years! Median household income is $55K!Less than one mile from a 50 acre development featuring large scale grocers, shopping, several hotels, and a Top Golf!Less than one mile from I-20, and just over one mile from I-65 and the Mobile International Airport!Surrounded by mixed use developments, apartments, and single family homes! Over 3,000 households within 1 mile of the dealership!10 Minutes From Downtown Mobile! 1 Hour From Pensacola, FL! 2 Hours From New Orleans, LA! Asking Price for Business and Property: $649,000 plus inventory. Inventory is guesstimated to be around $100,000 at cost.
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