48 rooms motel for sale. Located in a busy location. Business has been good and increasing each year. P/L reports available if interested. Price is negotiable. Perfect timing for someone to get into the motel business or expand their portfolio in the area. Just dropped the price, owner eager to sell, have prior engagement in other business.
MAKE OFFER - PRICED LESS THAN 2 X THE GROSS. Income is over $1,000,000 a year. BANK STATEMENTS & TAX RETURNS ARE AVAILABLE. Friday & Saturday we are 100% occupied and the Hotel is help run, I haven't even been there in over 1 1/2 years. Managers live on site. Rooms are rented daily, weekly & monthly. I have remodeled the entire building and all new signage was installed with an increase in price. The hotel is now at 90% occupancy, most of the tenants live there permanetly and pay weekly. This is the 2nd largest city in the entire midwest. Hotel is visable from the main freeway off ramp. Most rooms have a Microwave & refrigerator. We have 8 new coin operated washers & dryers. I am not a realtor, I am a retired private party owner. Please do not visit the property without first showing proof of funds or making other arrangements with me, the manager is going nuts with buyers that don't have the money and just show up. Also, If your interested, click on the blue box in the above right corner of this ad that says "CONTACT LISTING BROKER and I'll email you a package. Also, if have $250k down and need financing call "ALEX" 954-391-9689 You would need $30k deposit to tie up the property
Limited-Service Motel (62 Guest Rooms), Three Stories, Elevator Building, Interior Room Entry, Spacious and Efficent Lobby with Breakfast Bar, Public Restrooms and Commercial Laundry.
National Hotel Brand. Seventy-Four Keys including 44 two room suites. Two Story, Exterior Room Entry.
Size Upon Req.$3,200,000
Hotel for Sale Baymont Inn & Suites The Location This hotel is located off interstate 465 on the southeast side of Indianapolis by the Post Air Airport. Lucas Oil Stadium, Conesco Field and downtown are all within 10 miles. Shopping, museums, golf, the Motor Speedway, gaming and the canal area are all just minutes away. Amenities In addition to the 75 guest rooms, there is a business center, house keeping laundry facilities, guest laundry facilities, kitchen and breakfast area (can be used for a meeting room), fitness room and outside patio. High-speed internet is throughout the property. - 75 interior corridors rooms - Indoor Heated Pool & Hot Tub - Whirlpool Suites available (12) - TripAdvisor Certificate of Excellence Award - Ample Parking - Flat Screen TVs - Built in 2006 - Best of Baymont Award
Size Upon Req.Price Upon Req.
PROPERTY HIGHLIGHTS -258 room, REO full-service airport hotel offered at fraction of replacement cost and unencumbered of brand and management -Alternative branding and up-branding options are available, including the retention of Radisson flag -Well located at Indianapolis International Airport (IND), with over 140 daily flights and 7.4MM domestic and international passengers annually -Situated directly adjacent to Interstate 465 - the Indianapolis beltway circling downtown Indianapolis with 168,000 vehicles passing the location daily -Approximately six miles from downtown Indianapolis and proximate to all downtown demand generators - including Indiana Convention Center, Lucas Oil Stadium and the Indianapolis Motor Speedway