Services - Hotels & Other Lodging | Services - Other Business Services

Asking Price	$2,500,000	Inventory
Gross Income	Not Disclosed	Real Estate	$2,500,000*
Cash Flow	Not Disclosed	Year Established	1956
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

The BRAC program is generating a renaissance in the area, with 34,000 new jobs projected by the US Government to come into the area, within the next six (6) years - and the growth is just now beginning! This would mean that, in spite of the economy, this is an area that MUST grow, in order to accommodate the Government's plan for the military base, in the County. This property is one (1) mile from the main road into the military base. It offers the potential for Motel, Commercial or Retail re-development - what ever the Buyer determines would be the best and highest use for the property. And additional land is potentially available in the areas surrounding the 3.69 Acres being advertised, here. This is not a "cookie cutter" opportunity, including the fact that the Seller is not under any hurry to leave, so he would entertain a Contract with a delayed settlement date; and he is also willing to consider a co-venture, rather than an outright sale of the property, for the right Buyer. Use your imagination and call for information.

Facilities: This is an operating Motel, but is really a Re-Development project. The keys are that it is: In the midst of the military BRAC program, in Maryland; It is exactly one (1) mile from the local military base that is slated for tremendous expansion; and it is one of the few Motel sites in that are that current has Public Water and Sewer. (Other projects have been delayed, due to a lack of water availability.) The project also boasts 600' in road frontage, on the main roadway in the area.

Competition: There are other projects coming into the area; however, there will be ample room for additional growth, particularly since this would potentially be in a unique location, with ample Water and Sewer allowances, currently available.

Growth/Expansion: Depending upon the Buyer's interests, there is ample room for expansion into other, small Restaurant or Retail space.

Reason Selling: The Owner realizes that his property needs revitalization.