Price Upon Req.18,000 SF
Initial $200,000 down-payment returned as first year income guaranteed. 1,400,000 guaranteed Gross Revenue for first 2 years. 2.5 X Gross or Best Offer. Excellent Condition with No PIP and No Franchise Fee (Just Transfer for$6500) Completely Renovated, Remaining PIP appx $40,000 will be credited to buyer at closing. So,effectively No cost for PIP to buyer. New hotel coming to town in 2016. So, price is discounted substantially. Creative Financing Possible. Does have small living Quarters on premise. Example of Financing: $200,000K down, $300,000 Financed by seller (to cover the Guarantees). $1,500,000 first mortgage- Buyer gets new. Reason for Sale: Owner from out of state. Too far to travel and needs cash for another project. Currently run by full staff. Owner Operator can substantially lower costs. Solid Concrete Construction with Metal roof, Award winning, Low maintenance, well built.
Price Upon Req.45,572 SF
Call for Offers March 6th! 91 Room Baymont Inn & Suites, over $1,000,000 in total annual revenue! Conveniently located near Interstate 75 and just 20 minutes from London-Corbin Airport and Union College. - Fitness Center - Hot Tub - Indoor Heated Pool - Conference Rooms - Meeting Rooms Also available for sale a 96-Room Days Inn in Jellico, TN.
Price Upon Req.20,000 SF
****HOTEL PARTNERSHIP***LOOKING FOR PARTNERS FOR HOTELS DEALS IN LOUISVILLE AND SOUTHERN INDIANA. GROUP IS NEEDING INVESTORS AND RUNNING PARTNERS FOR JOINT VENTURE IN HOTELS FROM FOR SEVERAL HOTELS RANGING FROM 60-100+ RMS BOTH FRANCHISE AND INDEPENDANT.
RV parking 24 storage units always rented. U-haul services. Out door pool/ Picnic area. suites rooms available with dining and washing sink included. double/kings rooms. 63 all rooms total in motel. living quarter available. WIFI available 20% down and subject to financing, this property could be yours.
$1,650,000Size Upon Req.
Perfect for owner looking to semi-retire or Investor. Lake Cumberland & mountains surround this beautiful resort (not an in/out type RV park). ANNUAL LEASE ONLY & NO RETAIL OPERATIONS. Offered below valuation at a 10.61 cap rate and lease rates are below market. Two local banks interested in financing up to 25 years. Resort is in excellent condition with steady growing cash flow that allows a leisured lifestyle. Escape the grind and stress of life while building your wealth. Down payment? Use a 401-K or IRA structure without penalty & invest in a stable income property with stable return that exceeds the volatile stock market. A wealth building opportunity without the daily grind of working for someone else. Cash flow has growth without any additional effort from owner as rents are well below market. Excess land to expand. Ideal business that allows you to live a semi-retired life while benefitting from a stable growing cash flow-Minimal risk-Tax efficient - Little or no stress-Simple business-Minimal employees-Live where you work in a nice home surrounded by a resort atmosphere in the mountains next one of the largest lakes in the US-Plenty of leisure time.
Excellent location with Interstate exposure and Interstate pylon sign. The 3.1+/- Acre site is improved with an 11,000+/- Square Foot restaurant. The building structure is very flexible and can be re-purposed for many different uses. Over 142 parking spaces.Property is also for lease for $13,750 per month NNN. Next to Outback Steakhouse and Hyatt Place in Hamburg area.
- Profitable Limited Service Property / 50 Rooms with Manager Apartment - Outdoor Pool / Play Area - Two Signs - Exterior is Freshly Painted - New Carpet in Rooms - New Pictures in all Rooms - Reservation System - 32" Flat Screen Televisions - Microwave & Refrigerators - Coffee Makers - Excellent Family Business Opportunity - Well Maintained Property - Interstate 65 Location - 38,610 Vehicle Per Day - Tourist Location - FINANCIAL INFORMATION AVAILABLE BY REGISTRATION
Great Franchise off main interstate located east of Louisville with Extra 1.5 Acres of land. 79 Interior corridor rooms, PIP completed, Best of the Best Westerns,. 79 Interior corridor rooms, PIP completed, only case goods needed in 2017. 2013 Trip Advisor Excellence Award. Consistent revenue growth. Asking 2.5 X Gross! Only selling do to health issues. Highway location with Industrial Clients
60 Room Fairfield Inn Marriott located in Corbin, Kentucky. Directly off the busy Interstate 75. Interior Corridor w/heated pool. OWNER FINANCING available. Great Terms - minimum $400,000 down with 6% interest rate and 2 year term w/balloon payment due at maturity. Great way to own/operate a Marriott property. Buyer can become certified Marriott franchisee in 3 - 4 weeks through Marriott Certified Training Course. Professional Staff can remain if desired. Very good annual room sales average $1.2M/year. Low Property taxes. No other Marriott in the area. Seller maintains property very well. Recent Inspection Report has very high grade (86%). Take over operations in 2 weeks. No Bank application or fees involved. Seller retiring.
52 Room Exterior Corridor Best Western built in 2002. Indoor heated pool. OWNER FINANCING AVAILABLE - Minimum deposit is $350,000. Term of 3 - 4 years. Interest Rate @ 6%. Take over low mortgage payments - Owner will assist buyer with refinancing with bank. No PIP. Purchaser can obtain their own franchisee license while operating property. Property Size appx. 1.4 acres. Located on busy 2 lane parkway. Only motel in area -no competition. Multiple AAA-2 Diamond Best Western Chairman's Award winner. Very clean motel. Recent renovations including Lobby upgrade and new Lobby leather furniture in 2013. All rooms have high speed internet access. Daily Continental breakfast. Business Center. Large Dining Area. Revenues are very steady year to year. Solid business. Reliable income.