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Motel FSBO / Lease / Lease Opt - Buy
Location: United States -> Oregon -> Springfield
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Great Price! Great Investment! Can easily be run by 2 person team or couple.
The Sutton Motel for salse has been established for over 30+ years. Property has 25 rooms plus manager's quarters attached to lobby. 7 of 25 rooms are kitchenettes. Laundry Room, Free - on site parking as well as street parking.
Owners are selling at low price. Owner Financing is available. Lease or lease to buy option available with minimum $75,000 security deposit. Owner will train if needed.

This property offers basic clean accommodations and services primarily local workers, nightlife, budget minded travelers and U of O football and track fans.

Located downtown in the City of Springfield, this property is also close to I-5, Autzen Stadium, the University of Oregon and WillaKenzie Hospital.
The City of Springfield has begun their urban renewal plans including a riverfront that will be close to the motel. Visit the cities website for more urban renewal plans. Visit our website for pictures at: suttonmotel-or.com.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $650,000
Seller Financing:  Yes

About The Business

Year Established:  1968
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  If necessary.
Reason For Selling:  Retirement.




Print Listing Id: 700108251
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Oregon Businesses For Sale > Oregon Franchises For Sale > Oregon Business Brokers



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