Profitable Motel, RV Park and Storage facility

Oakridge, OR (Lane County)

Profitable Motel, RV Park and Storage facility

Asking Price:$1,198,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Profitable Motel, RV Park and Storage facility

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Business Description

Profitable, well established Motel, 6 Rental Homes, RV Park and one apartment plus (50 unit) Self Storage facility which is at a 98% occupancy. 11% Cap

Buyer's Realtor, Agents welcome.

Businesses included on the nearly 3 Acres are:

· Motel with 14 large rooms updated with new energy efficient windows (9 rooms are Kitchenettes) all beds replaced with Queen Beds, newer linens, etc.
· RV Park with 25 spaces (all pull-thrus & full hook-up, can handle up to 59ft RV), Coin-op Laundry Facility, Large Restroom and Shower Facility, and Large Apartment rented as 1 Queen bed Suite.
· Rental Homes: 5 owned Mobile Homes remodeled all with new roofs and one (owned) 3 Bed/2 bath double wide Manufactured home which can be used as Owner' s Home. The home is very clean and bright with two skylights and Master Bedroom suite with walk in closet, Master Bath with soaking tub,skylight and linen closet. There are also 3 additional Mobile Home spaces, currently occupied with 3 RV's.
· Self-Storage Building with 50 units.

This Business has busy HIGHWAY Frontage and some River Frontage! Visiting guests can enjoy Hiking, Fishing, Mountain Biking and many other exciting adventures! Open all year round!
Oakridge is known as the "Mountain Bike Capital" of the Northwest. There is a State airport and an 18 hole golf course in town and plenty of restaurants.

Business is on City Sewer and Water.

New Owners or Manager can live onsite in remodeled Manager' s Apartment or in the Large 3 Bed/Manufactured Home with fireplace.
Owner willing to train manager.

(3) Websites can be transferred to new owner.

Detailed Information

Employees:
2
Facilities:
Business is turnkey and comes with all maintenance and lawn care tools, mowers, etc. 3 Websites included
Financing:
11% Cap Rate
Support & Training:
Owner willing to train
Business Website:
http://www.arborinnmotel.net

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Business Listed By:
Linda TenEyck

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