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This local residential real estate business is available. Revenue increased 18% year over year. Cash flow represents adjusted net profit in 2023. The sale price includes all office supplies and advanced technology systems. Pre-approved property leads are available and provided by the corporate office. Accounting and bookkeeping are in place. The owner manages all aspects of this business including finding and screening new tenants, processing rent payments, property inspections, repairs, and evictions. The revenue and net profits are very predictable and recurring. This business is being run from a home-based office and could be run semi-passively. Thirty four percent of all U.S. properties are rented and fifty percent of all these units are handled by property management companies. The business has unlimited growth capacity depending on the new owner’s time commitment. This office is partnered with a well-established national brand. No prior real estate experience is needed. Customized property management software plus full training along with ongoing corporate support are included.
First on the scene and best in its class, Sky Zone created the world’s first wall-to-wall trampoline park in 2004, bringing healthy, high-flying fun to people across the globe. Now you can be part of this international sensation. See how fitness, entertainment, and interactive technology create a powerhouse of an opportunity. Learn more now!
Yearly net sales are currently over $250,000!Net profit before mortgage is over $168,000 per year AFTER paying all other expenses!Average Daily Rate (ADR): $56Occupancy Rate: 26%Rentable Rooms: 48Property is 1.29 acres!Building is over 22,000 Square Feet!Roof was replaced in 2018!Porte cochere providing guests and vendors coverage upon arrival!Rooms are large enough to add a kitchenette and convert the property to an extended stay! Huge opportunity to increase the occupancy rate!Manager's Suite is 4 rooms!Motel currently does not serve food. Huge opportunity to increase revenue through meal offerings and/or service!Seller has owned the property for 5 years!High traffic count of 50,100 vehicles passing by the Motel each day! Huge opportunity to capture additional traffic!High visibility location directly off of I-12 and Hwy-61 interchange!Walking distance to Celebration Station- Amusement Park! Huge opportunity to capitalize on amusement park guests!Less than 15 minutes to downtown Baton Rouge! 1 hour from Lafayette, LA! 1 hour 15 minutes from New Orleans, LA!Near universities like Remington College-Baton Rouge Campus with over 120 students,a Medical Training College with over 170 students, Bethany College-Baton Rouge with over 790 students, Franciscan Missionaries of Our Lady University with over 900 students, Baton Rouge Community College with over 6,800 students!3 miles from apartment complexes like Hampton Court Apartments, Atlas at Lakeview, Atlas at Foresthaven, Muriel Crossing Apartments, Canterbury House Apartments, and Eden Point Apartments.6 miles from a new development coming downtown with recreational areas and 200 units and a new residential project with 132 units in a mix of studio through five-bedroom floor plans.Asking Price for the Property: $1,599,000!If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
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