8 am – 5 pm

Mon-Fri

1655 Elmwood Avenue

Suite 110 Rochester
New York 14620-3426

We are a premiere business brokerage firm

September 29, 2023

8 am – 5 pm

Mon-Fri

1655 Elmwood Avenue

Suite 110 Rochester
New York 14620-3426

Profitable Motel ( plus much more) for Sale

An opportunity to own a 40-room Branded (America’s Best Value Inn), operating motel, with ten apartments; excellent tenant restaurant, and retail space.

The owners are willing to consider the possibility of an alternative or creative financing with at least $350,000 down.

The breakdown of the asking price is as follows:

A.

A 40-unit motel (America Best Value Inn)

40 units at $25,000 per unit                                        = $1,000,000

B.

Five rentable apartments at $20,000                         =     $100,000

Five non-rentable (need work)                                     =                    0

C.

The restaurant’s monthly rent of $5000 X 12

is $60,000 at a 10% cap rate                                         =     $600,000

D.

Storefront (vacant)                                                         =                    0

Total price                                                                       $1,700,000

Motel has outdoor pool, breakfast area, ample parking, updated lobby/reception area and other amenities

Owner seeks new opportunities.

Kindly contact Excel Business Brokers USA, Ltd. at your earliest convenience.

Asking $1.7M.

 

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