Motel with a Superb Location for Sale

Grants Pass, OR (Josephine County)

Motel with a Superb Location for Sale
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Asking Price: Get Financing: $2,800,000

Cash Flow: $320,000

Gross Revenue: $730,000



Inventory: N/A

Established: 1968

Motel with a Superb Location for Sale

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Business Description

1. Superb location just off I-5 Exit in South Oregon.
2. Growing Sale with Solid Cash Flow to Owner.
3. 62 Units without Deffered Maintenance.
4. Complete with Extra Large Parking Lots, Manager Quarter, Breakfast Room,
Outdoor Swimming Pool, Free WIFI Service and room amenities.
5. Large 1.85 Acre Lot Zoned Commercial.
6. Favorable Franchise Terms.
7. In the Southern Hub of Oregon for Recreation and Business Activities.
8. Benefit from the Nearby Electric Vehicle Charging Stations.
9. Extra Source of Income from Parking Rental and more.
10. Priced to Sell at approx. 11.4% CAP!

Detailed Information

Included in asking price
62 unit limited service motel just off the I-5 Exit. Two two story buildings without deferred maintenance on a large 1.85 acre lot. 90 parking lots with Bus/Truck parking. Outdoor swimming pool. Manager Quarter, Breakfast Room, Free WIFI service and more.
There are competitions around but the sale is growing very steadily.
Growth & Expansion:
Sale is growing since 2011 with steady cash flow to owner. Enough room for growth.
Support & Training:
Seller to provide two week free training.
Reason for Selling:
Other Interest
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James Kim

Business Listed By:
James Kim

Windermere Real Estate Lane Co.

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