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Extended Stay Motel For Sale
Location: United States -> New York -> New York City Area -> Rockland
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Extended stay / kitchen efficiency studios and rooms with weekly and monthly rates available. 39 rooms, currently under renovation and almost compete with upgraded kitchen cabinets, new tile and tub enclosures in baths, and all new 6 panel doors throughout. Well maintained. New Energy Efficient Natural Gas Boiler. Sliding glass doors to terraces in almost every room. Separate meters make this an easy conversion to rental apartments. Rockland County with EZ access to Tappanzee Bridge and close proximity to Rockland Lake, a NY State Park with golf courses that draws weekend traffic. The park also offers a 24,000 sf swimming pool, picnic tables; grills, a car top boat launch dock, boat and bicycle rentals, hiking trails with breath-taking views of the Hudson Valley, six tennis courts and the Rockland Lake State Park golf courses, featuring two 18 hole golf courses.

Contact for more information on this motel for sale.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $450,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1995
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Possible.
Reason For Selling:  Liquidating.




Print Listing Id: 700152039
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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 > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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