Description
This 11-unit motel is the perfect opportunity for a savvy investor or entrepreneur. Located in a high-traffic area with a huge need for Monthly Rentals in the agricultural sector. The motel has the potential to generate significant income once it has been renovated and reopened. Various room sizes and Configurations. Each unit has a 3/4 bath. Main 2 bedroom home/ office has Full bath w/ tub, kitchen and fireplace. Other features: communal laundry and kitchen space, Outdoor Fireplace & Ramada, Small Storage building in back, 7 RV spots (2 of which have sewer dumps). Two new septic tanks were installed in 2018 at a cost of $16,000. Could be Converted into / used as a Multi-Family Unit Complex. The previous owner was collecting $5,000 gross monthly before having to shut down. With a little TLC, this motel could be a gold mine.
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0BEDS
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0.84ACRES
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0BATHS
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01/2 BATHS
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3,898SQFT
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$36$/SQFT
School Ratings & Info
Description
This 11-unit motel is the perfect opportunity for a savvy investor or entrepreneur. Located in a high-traffic area with a huge need for Monthly Rentals in the agricultural sector. The motel has the potential to generate significant income once it has been renovated and reopened. Various room sizes and Configurations. Each unit has a 3/4 bath. Main 2 bedroom home/ office has Full bath w/ tub, kitchen and fireplace. Other features: communal laundry and kitchen space, Outdoor Fireplace & Ramada, Small Storage building in back, 7 RV spots (2 of which have sewer dumps). Two new septic tanks were installed in 2018 at a cost of $16,000. Could be Converted into / used as a Multi-Family Unit Complex. The previous owner was collecting $5,000 gross monthly before having to shut down. With a little TLC, this motel could be a gold mine.
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