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Businesses For Sale   >>   Oregon Businesses For Sale Categories   >>   

Motel FSBO / Lease / Lease Opt - Buy

Location  Oregon,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1968
Number of Employees  1 - 3
Inventory  650000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  If necessary.
Reason for Sale  Retirement.
Description  Great Price! Great Investment! Can easily be run by 2 person team or couple. The Sutton Motel for salse has been established for over 30+ years. Property has 25 rooms plus manager's quarters attached to lobby. 7 of 25 rooms are kitchenettes. Laundry Room, Free - on site parking as well as street parking. Owners are selling at low price. Owner Financing is available. Lease or lease to buy option available with minimum $75,000 security deposit. Owner will train if needed. This property offers basic clean accommodations and services primarily local workers, nightlife, budget minded travelers and U of O football and track fans. Located downtown in the City of Springfield, this property is also close to I-5, Autzen Stadium, the University of Oregon and WillaKenzie Hospital. The City of Springfield has begun their urban renewal plans including a riverfront that will be close to the motel. Visit the cities website for more urban renewal plans. Visit our website for pictures at: suttonmotel-or.com.
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