Pines Motel
| Asking Price: | $385,000 | Inventory: | $5,000 ++ |
| Gross Revenue: | $75,000 | Real Estate: | $300,000 ++ |
| Cash Flow: | $56,000 | FF&E: | $50,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The Pines Motel is a super sharp 14 unit motel with extra land to expand and a lake front lot on Lake Huron. Located at the north End of St Igance. All units are very neat and clean and all have Televisions, microwave and refrigerators. Included is a very large 1400 sq ft 3 bedroom apt. Also included is a large two and half car garage with up stairs apt that needs to be finished. This very profitable motel does on average $65,000 too $70,000 in reported room rents as well as another $6000 in snowmible rentals. Priced to sell at $395,000. For additional information and lots of pictures please go to our web site...gaylord.statewiderealestate.net, or call 989-732-0443 or send us an E-mail joewalkerbroker@yahoo.com
About the Business
Year Established:1960
Employees:2 part time
Facilities:14 unit motel with extra lots to deveolpe, sale price includes water front lot with private beach and picnic area
Market Outlook and Competition:Great, high traffic area with over 3,000,000 vistors a year to the area.
About the Sale
Reason For Selling:Other Business Intrestes
Seller Financing:Possible
KEYWORDS: Water Front Lot Included. Located in Michigans Upper Peninsula in St Ignace. Next To Mackinaw City and accros from Mackinac Island.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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