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

Asking Price	$3,100,000	Inventory
Gross Income	$929,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1987
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Motel for sale is only a short drive from Raleigh. This 122 room motel features 40 rooms with king size beds, a pool, and large storage capacity. Recent upgrades include all new water heaters. Revenue exceeds $3 million over the past 3 yrs. The future is bright with expected population growth on the horizon. Motel has been kept in great shape by the current owner and needed repairs and upgrades should be limited. Contact your County South Broker for Details. Interested potential buyers must be able to show that they are qualified.

Facilities: 122 room motel on 4 acres with pool & all weather entrance

Growth/Expansion: Tremendous population growth expected in next 2 yrs

Reason Selling: other business obligations