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Marengo County AL Hotels and Motels Businesses for Sale

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State: Alabama County: Marengo County Industry Segment: Hotels and Motels Clear all
Contact Broker View all AL Brokers Kavita Purohit - Alabama Business BrokerAL
56 Listings
River Brokers is a premier commercial brokerage firm that provides investment opportunities throughout the United States. River Brokers is based in Sandy Springs, GA, serving clientele primarily in the Southeast.
$259,000
Cash Flow: $80,000 
Linden, AL 
View Details 
Price Reduced! Owner-Operated, Independent Motel in Linden, Alabama!

Property Highlights: Rentable Rooms: 152017 Revenue: $104,000ADR: $50Asking price reduced to $259,000!Revenue Multiplier: 2.4xOccupancy Rate: 40% Cap Rate assuming Owner-Operator working onsite: 32%Owner Operated, Independent Motel with no competition for a 15 mile radius! Purchase a Motel for the Price of a House! The town is surrounded by various lakes catering to the fishing industry. Linden is comprised of manufacturing plants such as West Rock, Foster Farms, Linden Lumber, Cemex, and a few others. The motel includes an owner's suite with bedroom, living room, and kitchen. Total of 15 rentable rooms; 9 upstairs and 6 downstairs. Each room has a refrigerator and microwave. There is a More info

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