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Five Room Motel Apartment with Property For Sale 14353

New York (Suffolk County)

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

$Seller Financing Available

Asking Price $500,000 Inventory  
Gross Income $48,000 Real Estate  
Cash Flow $29,500 Year Established 1989
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Real estate opportunity - 5-Unit Motel with Property on Main Road set on 90 x 200 lot (adjoining 1 acre lot also for sale separately for additional units or private home). Absentee owned. In business for over 20 years, never a vacancy. Guaranteed income. Real estate taxes only $9,000. Long term rentals...weekly, monthly, yearly. Could be transitioned into standard motel model. Investment property. Contact broker today!

Seller Financing Available: Yes

Financing: seller to hold 250,000 note for 30 yrs 6%

Reason Selling: owner is retiring

Business For Sale By

Darlene Ragone

1-877-sell-a-biz (735-5224)

Vested Business Brokers, Ltd

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Contact the seller about this Five Room Motel Apartment with Property For Sale 14353

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