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Two Motel ( Package) for Sale in VA [3503]

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Two Motel ( Package) for Sale in VA [3503]
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Patrick Co., VA   |  Entertainment and Leisure Businesses for Sale – Hotels and Motels for Sale   |  Businesses for Sale Over $5M

Business Description

This are Nice location In Virginia. This sale include Two motel in a group on the same lot. One is a 57 Room Franchise Motel and Other is 101 Room Private Motel This listing number is for both motels together. Property is very nice and appraisal value will be high. Both motel running with full management staff. Motel doing ADR about $ 70.00 and Occupancy Rate is about 60% This is a very confidential Sale .For further detail contact the office with your bank Financial Statement showing sufficient down payment, and good credit with experienced.We are looking for serious buyer.

About the Business

Real Estate:
Owned
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Listing Info

ID:
1447415
Ad Detail Views:
86
Asking Price:
$6,300,000

Gross Revenue:
$2,000,000
Cash Flow:
$600,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
 Not Disclosed

Real Estate:
 Not Disclosed

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Business Listed by

Ahmedali Saiyed

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U.S. Census Data for Patrick County, VA
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Source: Decennial Census (2010), United States Census Bureau.

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

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