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Unkwn Floor Ste
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4.5 AC
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$600,000.00 USD/AC/YR
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For Sale or Lease-Purchase: High-Cash-Flow Exterior-Corridor Motel
This established, independently operated motel features four guest room buildings and a separate lobby. Currently averaging 50 rooms sold nightly at $50, generating a strong net income. With proven potential for growth, projections show significant value appreciation to over a $4M valuation at a 10% CAP rate by increasing occupancy and rate. Additional revenue streams are available through banquet space and a commercial kitchen.
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Date available: Now
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Lease term: Negotiable
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Service type: None
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Space Type: Relet
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