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Motel for Sale - Charlottesville Area


Seller Financing Available
Motel for Sale - Charlottesville Area

Asking Price:$660,000

Cash Flow:N/A

Gross Revenue:$155,000




Real Estate:N/A


Motel for Sale - Charlottesville Area

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Business Description

24 Rooms and a four bedroom home on over 2 acres on a major highway in the city. It is a beautiful home, clean throughout with apt. in basement.

Open 8AM – 9PM. The only employees are the current owners who are retiring after 16 years at this location.

As is turnkey operation.

May purchase some furnishings in home & Craftsman Tractor separately

Expenses yearly:
Gas - $2,337
Phone - $2,335
Water - $5,178
Electric - $10,507
Laundry - $1,198
Taxes - $2,900
Cable in all rooms $332 per month

Detailed Information

Real Estate:
Included in asking price
Building SF:
Location is owned by the sellers and is part of the transaction.
Support & Training:
Owners will help with the transition to new ownership.
Reason for Selling:
Owners wish to pursue other business interests.

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Gavin Raphael

Business Listed By:
Gavin Raphael

Light & Raphael

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