Commercial

ONLINE – Commercial Investment – 8 Efficiency Unit Motel with 90% Occupancy

PLUS a 1,364 sqft Ranch Home 2 Bed / 1 Bath
Seller  Terrence & Virginia Steed

This is a Commercial Motel/Tourist Cabin property with 8 Efficiency Rental Units and a 2 bedroom Ranch house on 0.59 Acres. The Investment Income Potential generates about $40,000 after expenses if fully occupied & is now at 90% Occupancy with Current Lessees in place.

The Motel is 2,682sqft with 8 Efficiency Apartment Units with a potential of 10 Units (2 have been joined combining 2 rooms) with Exterior Entrances and 11,300sqft Paved Parking lot.

The Home has 1,364sqft of Living Space with 2 Beds 10×12, 1 Bath, Large 18×16 Living, Kitchen 10×12, Dining 19×15, a 16’x24′ Deck for Entertaining and a 14’x22′ Detached Garage with 8’x14′ Lean-To with concrete floor for extra storage. This Property is Located off Main Hwy 224 with High Visibility

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