COVID has not affected this motel business, strong demand for accommodation, increased income..
Vendor reluctantly must sell after completing a complete refurbishment, Motel consists of 13 Units 11 Studio, 2 One Bedroom units 3 bedroom home, This is an opportunity for the purchaser to take this complex to the next level. Great location on State Highway 2. New 25 year lease.
With the price of housing today, here is an opportunity at this price to buy a business complete with a house. All chattels owned and in new condition. There is a constant demand for accommodtion from tradesmen working within the district plus the travelling public.
As it's currently hard to find a motel lease on the market, this motel leasehold must appeal to buyers serious about entering the hospitality trade. The buyer will capitalize on the improvements the owner has installed.
Easly managed by an active couple.