Priced to Sell! Independent, Interior Corridor Hotel in Fitzgerald, GA

Fitzgerald, GA (Ben Hill County)

Priced to Sell! Independent, Interior Corridor Hotel in Fitzgerald, GA
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Asking Price: $645,000

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

Priced to Sell! Independent, Interior Corridor Hotel in Fitzgerald, GA

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Business Description

Property Highlights:

Well-Maintained, Interior Corridor
Rentable Rooms: 37
Manager's Apartment Size: 3 rooms
2018 Revenue: Over $225,000
Seller's Bottom line: $645,000
Revenue Multiplier: 2.87x

County Property Records indicate the property value at $595,827!! See attached county records. The County Records do NOT account for the FF&E, like the beds and furniture, and the business value!!

Hotel is doing approximately $250,000 in actuality for 2019.

Seller's bottom line price is $645,000! The Seller is having issues with his brother who is also operating the property.

Buyer must bring $200,000 in order to secure the bank loan for the property.

If interested, call us anytime at (770) 415-9940.

Detailed Information

Location:
Fitzgerald, GA
Real Estate:
Owned
Building SF:
N/A
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Kavita Purohit

Business Listed By:
Kavita Purohit

River Brokers Real Estate

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