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Businesses for Sale: Listing Details

 
60UNIT FRANCHISE MOTEL I-95 WITH LAND DEVELOPMENT
Seller: Attn: Olga Kennedy
Location: Raleigh Area, NC, USA
Listing Number: 799324648


Asking Price: $1,550,000 USD USA Dollars
Industry: Services: Hotel, Motel, Lodging
Reason for Selling: downsizing
Number of Employees: 12 full time/part time
Yearly Cash Flow: $204,889 estimate
Yearly Gross Income: $452,000 estimate

Overview:
This 60 unit franchised motel is located directly off I-95, is halfway between New York and Florida. I-95 has a traffic count between 40,000-50,000 vehicles per day. The area is beginning to explode and this investment opportunity includes almost 8 acres directly off Exit 95. 2 acres directly in front of motel are available for future development into a convenience store or restaurant. Or the seller will sell without the two acres at a reduced price of $1,550,000

Property Features and Assets:
60 units, outside corridor, outside pool, playground.

Market Competition and Expansion:
Exceptional opportunity for development of extra property in a rapidly growing area.

Additional Details:

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