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Listing ID: 2895133

Owner-Operated, Independent Motel In Linden, Alabama At 27% Cap Rate For Sale

Linden, United States

$ 299,000

(Furniture / Fixtures included)
(Real Estate Included)

Revenue: $ 100k to 250k

Cash Flow: $ 80,000

Business Description

Property Highlights:

Rentable Rooms: 15
2017 Revenue: $104,000
ADR: $50

Asking price: $299,000
Revenue Multiplier: 3x
Occupancy Rate: 40%
Cap Rate: 27%

Owner Operated, Independent Motel with no competition for a 15 mile radius!

Purchase a Motel for the Price of a House!

The town is surrounded by various lakes catering to the fishing industry. The town of Linden comprises manufacturing plants such as West Rock, Foster Farms, Linden Lumber, Cemex, and a few others.

The motel includes an owner's suite with bedroom, living room, and kitchen. Total of 15 rentable rooms; 9 upstairs and 6 downstairs. Each room has a refrigerator and microwave. There is a parcel next to this property (.25 acres) that will be included in this sale. The total acreage will be over half an acre.

Seller has owned and operated herself for the past 10 years and is ready to retire.

If interested, please email your full name and best contact number to info@riverbrokers.com

Property Details

Property Type:

Real

Other Details

Competition:

No competition for a 15 mile radius!

Expansion Potential:

There is a parcel next to this property (.25 acres) that will be included in this sale.

Living Accommodation?

Yes
The motel includes an owner's suite with bedroom, living room, and kitchen.

Operation Details

Support & Training:

Owner is willing to provide training!

Miscellaneous

Financing Available:

Yes
Lease-Purchase Available for $125,000 down

Reason For Selling:

Seller has owned and operated herself for the past 10 years and is ready to retire.

Contact this seller

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