Fully Assumable 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 activites in the winter. There is room for an additional 12 rooms to be added and other expansion opportunities. Total assets include a three year old 20-unit motel with manager'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. Ask for portfolio number 0022.
Asking Price $1,499,950
You May Also Like
$200,000,000 S California Hospitality Commercial #324421 posted Feb 18, 2013
- California, United States
$200,000,000 Southern California Hospitality Commercial Residential Development Project. Posh Retail & Entertainment. Seeking Joint Venture Equity Funding. PRINCIPALS ONLY
Extremely Profitable Motel #467025 posted Apr 21, 2017
- Nevada, United States
For over 25 years this clean and well kept, highly recommended motel, located in the southwestern quarter of Nevada, has been considered the best in it's area and it's easy to understand why. They offer over fifty fully accommodating rooms which include everything from modern full sized flat-screen...
Historical Motel w/ Swimming Pool - Great Location #380804 posted May 8, 2015
- Los Angeles County, California, United States
Location! Location! This small and cute historical motel with 23 rooms and swimming pool is located on major road and busy commercial area, LA county has stopped issuing permit for motel at this size, so the competition in the area from similar hotels is minimal - the return clients appreciate its...
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.