Motel And Manager's Apartment In Butler, AL!
Clayton, AL Barbour County
Butler, AL
Asking Price:
$399,000
Annual Revenue:
$110,000
Request More Information Contact the Seller
- RE: Motel And Manager's Apartment In Butler, AL!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | $110,000 | |
| Net Profit: | $75,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1949 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 370533274 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Motel and Manager's Apartment in Butler, AL! Great Opportunity for Early Retirement!Manager's apartment includes 4 bedrooms and a large living room area!
Rentable Rooms: 20 (not including the manager's apartment!)
New A/C Units!
New 40 LED Flat Screen TV’s!
Nice Living Quarters 4 With large Living Space
All 20 rooms are fully booked for two months a year when the Georgia Pacific plant shuts down for cleaning every year!
Motel currently charges $250 plus tax / weekly or $49 plus tax / daily for King size rooms and $360 plus tax / weekly or $59 plus tax / daily for Double Bed rooms!
There are 9 rooms that are Double Beds and 11 are King Size!
Includes one acre of land!
Property includes 20 rooms with new A/C units and new 40' LED Flat Screen TVs!
20 minutes from a Georgia Pacific manufacturing plant employing 2500 people, minutes from a major gas company and a power plant! The traffic count is 5230!
There are a lot of customers that visit for hunting!
Only 45 minutes from Meridian, MS!
Current yearly revenue is $110,000 with fixed expenses of $35,000. Seller is taking home $75,000! Seller is currently operating the Property single-handedly with no employees. Cap Rate is extremely high at 19%!
Asking Price for the Business and Property only $399,000! Pay less than the price of a House for an Income Producing Property!
If interested, please contact us with your email, full name and best contact number. Please use reply to this ad button to contact us.
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Property Features and Assets:
Rentable Rooms: 20 (not including the manager's apartment!) New A/C Units! New 40 LED Flat Screen TV’s! Nice Living Quarters 4 With large Living SpaceMarket Competition and Expansion:
20 minutes from a Georgia Pacific manufacturing plant employing 2500 people, minutes from a major gas company and a power plant! The traffic count is 5230! There are a lot of customers that visit for hunting! Only 45 minutes from Meridian, MS!Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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- Sell a business online
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