Gross Room Revenue:2006
- $102,190
2005
- $92,805
Occupancy Rate:2006
- 80%
2005
- 80%
Type of Property:
motel
Year built:
not given
Financing:
CASH
# of rooms:
18 rooms
# of floors:
1
Restaurant:
No
Lounge:
No
Pool:
outdoor
Where property is located:
small town
Population:
5,001 - 10,000
Comments:
Property includes 6 single & 10 double rooms, cabin, and
3-bedroom cottage, shop w/plumbing (built 2002), lawnmower shed,
and storm shelter (2001). With no motels in surrounding towns,
the motel stays busy all year long. Easy to run - very little upkeep
necessary. Four non-smoking doubles were built in 2003. Recent upgrades,
include: new windows, new doors, all new heat/air units, parking lot...
too many to list. Owner's house includes large kitchen and living room,
and separate laundry. Nearby is a Wal-Mart, McDonalds, Sonic, Taco
Mayo, Tyson pork, and the County seat. A new lake and dam are being built
nearby. Also, a small casino will be coming soon.
Private pool 20 X 45 w/deck. Property includes about 1.5 acres with
a large lot for expansion. Serious buyers ONLY, please. This property
is priced for quick sale!!
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