Independent Motel for sale (price reduced to sale)

Madison County, IL

Seller Financing Available
Exterior corridor
Contact Seller

Asking Price: $575,000

Cash Flow: N/A

Gross Revenue: N/A



Inventory: N/A

Real Estate: $700,000

Established: 2000

Independent Motel for sale (price reduced to sale)

Save Print Share Valuation Report

Business Description

Independent motel for sale. Seller is retiring.

Total Rooms-34
Rentable rooms- 30

Amazing deal! Seller has owned this motel since 2000 ( almost 20 years). Seller wants to retire.

The property is only 15 min drive from ST.Louis downtown, one of the big oil refinery, Southern Illinois University at Edwardsville, Amazon warehouses, and US steel mill is near in town. A lot of new warehouses are coming in near future which employs a lot of people and area is growing rapidly. Owner is very selective on renting to customers but new buyer can do more business by renting to people with pets.

Well- constructed building block and brick property. Exterior corridor.

Motel was appraised for $585,000 in 2002. Since then there has been a lot updates and renovations done to the property.

If interested please call Doc Patel 618-593-1756
Thank you

Detailed Information

Madison County, IL
Included in asking price
Real Estate:
Included in asking price
Building SF:
Independent motel for sale
Seller will finance for interested and motivated buyer for 50% down.
Support & Training:
Seller will provide training
Reason for Selling:
Seller is retiring
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Doc patel

Show Phone Number

Listing Statistics


Demographic Information


Real Estate Insights


Metro Area Scores


Ad#:1630271 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Cruise Planners, An American Express Travel Rep

Franchise Opportunity
Cash Required: 10995