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Motel for Sale
$500,000
Motel for Sale

Kingman, AZ

Motel for sale by owner in Kingman, AZ. Property consists 2 buildings and 18 units. Perfect small business for someone looking to get into the hospitality industry or for a seasoned motel/hotel owner. Business has been owned and operated by existing owner since 1985. Property is in excellent condition, profitable and location couldn't be more ideal (great traffic flow), as this is the first motel on US 93 coming in from Las Vegas or leaving Kingman. Seller has been meticulous in the maintenance of the property. Significant improvements have been made over the years to increase profits by making franchise worthy enhancements in rooms and being active in web marketing (Booking.com, Expedia.com, etc). Owner is retiring. For detailed information on business, please contact the number or email provided. *Please see document section for property pictures.

Lodge
$999,000Cash Flow: $80,296
Lodge

Kingman, AZ

Number of units: 42 Units (2-2BR, 3-1BR, 37-single) Long term tenants based upon 65% occupancy. No daily guests. Current 8% capitalization rate. Potential cap rate will be 12.5%

Sierra Vista Motel & Restaurant for Sale
Seller Financing
Sierra Vista Motel & Restaurant for Sale

Sierra Vista, AZ

Independent motel and attached restaurant available for sale. Conveniently located in the heart of downtown Sierra Vista, two miles from Fort Huachuca Army Base.  The central location makes this property an ideal destination for both business and leisure travelers as it is easy to connect to Highway 80.  The motel is 40 rooms and has cable TV, Wi-Fi, an outdoor pool and guest laundry center. The restaurant is currently under lease. There is spacious parking for large vehicles. Many of the largest civilian defense contractors operate in Sierra Vista such as: Raytheon, Lockheed Martin, General Dynamics Information Technology, Northrop Grunman Corporation and many more. There is a population of over 45,000 people and attracts a commercial market of more than 110,000. Sierra Vista is also nicknamed "Hummingbird Capital of the United States" and many tourists travel to Sierra Vista year round. Its close proximity to Mexico creates an increased number of travelers and many new market opportunities for existing and new businesses. Sierra Vista is also home to multiple state parks, museums, and sites due to its rich American heritage.


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