12 Unit Motel and Two Rental Properties

Clinton County, MI

12 Unit Motel and Two Rental Properties
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Asking Price: $375,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

12 Unit Motel and Two Rental Properties

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Business Description

Highly Profitable Rental Properties!

This Motel is a family owned and operated business that has been a staple to the community for decades. This 12 unit motel welcomes visitors from all across the state. Many returning for the “touch of home” the owner creates in each room. In addition to the motel, the owner's home and rental property are also included with the sale.

Detailed Information

Real Estate:
Owned
Building SF:
7,300
Facilities:
All furniture, televisions and decor in each room are included with the sale.
Competition:
Very little competition in the area.
Growth & Expansion:
Opportunity to convert Motel rooms into studio apartments. There is also a third house on connecting property that the owner would include in the sale for an additional $125,000.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Chauncey Baldwin

Business Listed By:
Chauncey Baldwin

Vandenboss Commercial

Show Phone Number

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Sponsoring Broker:
Kevin Vandenboss

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