Highly Profitable Well-Maintained Motel with extensive square footage priced aggressively. Motel consists of 39 rooms (mix of single and doubles), 10 of which have kitchenettes. Two of these have 2 separate rooms with 3 beds. Additional income returns ($1250mo) are realized through an additional apartment and 1291sf home on the property. Property is currently managed by a live-in manager. Current asking price puts the property over a 10% CAP.
Listing courtesy of Brokerage Southwest.