$Seller Financing Available
| Asking Price |
$279,000 | Inventory |
$1500* |
|---|---|---|---|
| Gross Income |
$45,000 | Real Estate |
$279,000* |
| Cash Flow |
$7,500 | Year Established | 1952 |
| FF&E |
$12,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
Established 10 unit motel located on Main St in growing area. This is perfect for a live-in manager / couple. Pay your mortgage with revenues. Good cash business. This property was remodeled in 2002 and remains in good condition.
Facilities: 1200 sf managers home and 10 rooms. 2 are kitchenettes.
Competition: Corner Main St location. One of only three motels in town. Stable oil and gas and tourism area.
Growth/Expansion: Owner / Operator should do better with direct management.
Seller Financing Available: Yes
Financing: Can carry with 30% down and 3 year balloon.
Support/Training: As needed.
Reason Selling: Absentee Owner - new interests.

Mark Harvey
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