River's End Motel
Location Missouri,United States
Asking Price Range $250K - $500K
Gross Revenues $86949
Net Profit / Cash Flow $20347
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retiring
Description River's End Motel has 36 units, each with 2 double beds and a full size bath tub with a shower. 8 of these units are kitchenettes that are furnished with a 2-burner stove, microwave, small refrigerator and a rollaway cot. Also on the property are extra microwaves and 4 small refrigerators, free ice to our customers, BBQ grills, picnic tables and WIFI is available. Upgrades have been made to the property such as a new lobby area built under the existing carport, a 30'x60' metal storage building located on the property for storage. They have a fish cleaning station and ample fishing rig parking on 11 acres of land that comes with the motel property. This would make a great starter property or a great retirement opportunity!
This property is located in Warsaw, Missouri, ''the heart of lake country'' Truman Lake and Lake of the Ozarks situated next to Hwy 65 on Hwy 83 within 5 minutes of these two major lakes.
Visitors come to this recreational paradise for fishing, boating, swimming, hunting, antique shopping & relaxing. Events held in the summer attract thousands, the most popular being Heritage Days and Jubilee Days. This property is open 12 months a year. For a complete listing of area events throughout the year, visit the Warsaw Area Chamber of Commerce
PRICED TO SELL AT $ 375,000. Call (417) 559-7300 for financials or to see the property. No direct calls to the property please.
Click Here To Contact Seller
|
|