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Owner Financing on 12-unit motel w 90% occupancy!

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Kenton Co., Kentucky

Business Description

2 unit extended stay motel with a 2 Bedroom home for owner/manager, 2-car garage and shed located in the Cincinnati Metro Area. The site sits on 3 parcels comprising 7.26 acres. Prime site for redevelopment, zoned commercial, enabling it to be redeveloped to its highest potential. Frontage property on 2 main highways. The motels was built in 1950 and was completely renovated 13 years ago. The average occupancy of the motel exceeds 90% and the property is extremely clean and well maintained. Real estate included in sale price. OWNER FINANCING!!!!

About the Business

Year Established:
1950
Number of Employees:
1 ft/1 pt
Facilities:
12 unit motel with 2 BR home, 2 car garage and shed.site sits on 3 parcels comprising 7.26 commercially zoned acres.
Market Outlook/
Competition:
Development of unused land has potential

About the Sale

Reason For Selling:
Retirement
Training/Support:
Willl provide necessary training & supports
Seller Financing:
Negotiable

Listing Info

Keywords:
BizQuest Listing ID:
1035621
Ad Detail Views:
1410
Asking Price:
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Gross Revenue:
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Cash Flow:
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Inventory:
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FF&E:
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Real Estate:
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Business Listed by
Chuck Lutzow
CAL Financial Group, Inc.
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U.S. Census Data for Kenton County, KY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Kenton County, KY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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