Golden opportunity in East Texas!

Longview, TX (Gregg County)

Golden opportunity in East Texas!

Asking Price:$2,400,000

Cash Flow:N/A

Gross Revenue:$1,500,000





Golden opportunity in East Texas!

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Business Description

Wyndham group motel with low multiple of revenue, not to be missed at this price in a market where motels are not easy to find.

Detailed Information

100+ rooms, exterior corridor, excellent condition of the property with nominal PIP (negotiable)
Growth & Expansion:
The motel needs good management. Until recently it was doing million plus sale. Due to management issue, sales came down to $750,000. A good manager can definitely bring the sales up.
Reason for Selling:

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Business Listed By:

Beam Real Estate LLC

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