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May 18, 2011Assumable Loan! This popular lodging destination was established in 1950 and purchased by the current owners in 2003. In 2007, the existing motel was demolished and a brand new 20-unit lodge was constructed. The New motel opened for business in 2008. The owners have created a beautiful getaway with a modern lodge theme and a warm, woodsy atmosphere. This motel is the nicest and newest in the area - a popular relaxation destination with many activities including water sports, hiking and fishing in the summer and snow-related activities in the winter. There is room for an additional 12 rooms to be added and other expansion opportunities. Total assets include the new construction 20-unit motel with owner's apartment, extra-large laundry room, office and 50+ year business history; plus all furnishings, fixtures, equipment, and inventory currently used in running this growing business. Inquire today for more details on this "For Sale By Owner" portfolio #0022.

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