Motel For Sale In Upper Michigan Peninsula

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Motel For Sale In Upper Michigan Peninsula
Asking Price:
$1,700,000

Gross Revenue:
$565,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Motel for Sale in the Upper Peninsula of Michigan. North of Green Bay.

Hotel Information:
Year Built - 2002
Rooms - 46
Gross Income - ~$565,000
Net Income - ~$242,000
Occupancy - 60% at $60 ADR

Seller Financing is available.
The motel is currently run as owner absentee as the owner lives out of state.

About the Business

Location:
Dickinson County, Michigan
Year Established:
2002
Real Estate:
Owned
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About the Sale

Reason For Selling:
Personal

Listing Info

ID:
1644296
Ad Detail Views:
0

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Business Listed by

Javed Rathore

Amro Business Brokers

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