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14 unit motel

St Ignace, Michigan (Mackinac County)

Services - Hotels & Other Lodging | Services - Other Miscellaneous services

Asking Price $395,000 Inventory $6,000* 
Gross Income $73,000 Real Estate $370,000* 
Cash Flow $60,000 Year Established 2002
FF&E $20,000* Employees 1

* included in the asking price

** not included in the asking price

The Pines motel is a super sharp 14 unit motel with water front lot located in St Ignace Mich just across the bay from Mackinac Island the number one tourist destination in the Mid West. The motel is super clean inside and out and the owners living quarters are great. Sale includes a large 2.5 car garage. Motel is an excellent money maker and the snowmobil rental bring in an extra $6000 a year. For additional information and pictures please go to our web site at...gaylord.statewiderealestate.net

Facilities: 14 unit motel with large 3 bedroom, 2 bath apartment, this is a real money maker, includes beach front lot. Several vacant lots included so room to expand

Competition: Excellent north end of town, nice beach area just behind motel, nice full service party store on corner.

Growth/Expansion: Room to build more units.

Financing: Owner may carry some paper

Support/Training: Owner will train for up too 30 days

Reason Selling: Retiring

Business listed by

Joe Walker

989-732-0443


StateWide Peninsula Business Brokers


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