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Motel For Sale In Upper Michigan Peninsula

Dickinson County, MI

Motel For Sale In Upper Michigan Peninsula
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Asking Price: $1,700,000

Cash Flow: N/A

Gross Revenue: $565,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2002

Motel For Sale In Upper Michigan Peninsula

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Business Description

Motel For Sale In Upper Michigan Peninsula

Motel for Sale in the Upper Peninsula of Michigan. North of Green Bay.

Hotel Information:
Year Built - 2002
Rooms - 46
Gross Income - ~$565,000
Net Income - ~$242,000
Occupancy - 60% at $60 ADR

Seller Financing is available.
The motel is currently run as owner absentee as the owner lives out of state.

Detailed Information

Location:
Dickinson County, MI
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Reason for Selling:
Personal
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(from currently available funds)
 
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Javed Rathore

Business Listed By:
Javed Rathore

Amro Business Brokers

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