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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 SpaceAll 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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