Services - Hotels & Other Lodging

Asking Price	$700,000	Inventory	$5,000*
Gross Income	$250,000	Real Estate
Cash Flow	$130,000	Year Established	1995
FF&E	$215,000*	Employees	0

* included in the asking price

** not included in the asking price

Very nice and well established motel/RV Park that was totally refurbished inside and out in 1995. It has 18 motel units and 18 RV spots with 5 mobile homes to rent and 13 rental spaces. Motel also has a 2 bedroom apartment for owner and operator. Seller recently purchased a commercial laundry system (55lbs/load). Occupancy runs 80-82%. Building sits on 3 acres of land, and additional acreage is available. Land holds a resort declaration awarded by Mississippi legislature which allows liquor sales on property 24hrs/day. This would be an excellent property for an owner operator. Current absentee owner is anxious to sell. Come by, make offer.

Facilities: RV Park that was totally refurbished inside and out in 1995. It has 18 motel units and 18 RV spots with 5 mobile homes to rent and 13 rental spaces. Motel also has a 2 bedroom apartment for owner and operator. Seller recently purchased a commercial laundry system (55lbs/load). Occupancy runs 80-82%. Building sits on 3 acres of land, and additional acreage is available.

Reason Selling: Other Interests