Opportunity to own and manage two motels

Barstow, CA (San Bernardino County)

Opportunity to own and manage two motels

Asking Price:$599,000

Gross Revenue:$86,000

Price/Sq. Ft.:N/A

NOI:$31,000

Building Sq. Ft.:4,700

FF&E:N/A

Year Built:1949

Opportunity to own and manage two motels

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Property Description

Two motels are being offered for sale across each other on busy Main Street/Route 66 in Barstow. 14 Room with managers unit for $599,000 and 18 unit with managers unit at $750,000 . Cash cow. Run it yourself and save the money on expenses. Purchase one or both.

Detailed Information

Type:
Other Business Real Estate
Building Sq. Ft.:
4,700
Building Status:
Established
Facilities:
13 rooms plus managers quarters on main street in the heart of Barstow. Drive by only. Do not disturb occupant. Make offer subject to inspection. Sister Motel with 18 rooms across the street at 921 Main is also for sale at $750,000. Everything is included in the asking price.
Location Description:
take 15 freeway north, Barstow exit, make left go up to Main st., make right Cactus motel is on your right hand side. 921 E. Main st. Also for sale Route 66 and Main Street
Current and Prior Use:
Motel

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Georgina Ghazarian

Property Listed By:
Georgina Ghazarian

JohnHart Real Estate

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