Motel For Sale
Location Kentucky,United States
Asking Price Range $500K - $1.0M
Gross Revenues $90000
Net Profit / Cash Flow $70000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1950
Number of Employees 1 - 3
Inventory $60,000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Will provide support & training.
Reason for Sale Retirement.
Description 12 unit extended stay motel with a 2 bedroom home for owner/manager, 2-car garage and shed located in the Cincinnati metro area. The site sits on 3 parcels comprising 7.26 acres. Prime site for redevelopment, zoned commercial, enabling it to be redeveloped to its highest potential. Frontage property on 2 main highways. The motels was built in 1950 and was completely renovated 13 years ago. The average occupancy of the motel exceeds 90% and the property is extremely clean and well maintained. Real estate included in sale price. Contact for more information on this motel for sale.
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