AAA 41 Unit Castlewood Motel & Resort
Location:
United States
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Michigan
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Trout Lake
Industry: Hotels and Holiday Accommodation > Motels
Business Summary
Former Best Western, 41 Room Motel With 3 Bdr. Management Quarters, Indoor Pool, Free-standing Full Service Restaurant (30' x 50''), On 13 Acres. Close To Snowmobile and ATV Trails. Located Only 30 Minutes From Mackinaw Bridge In The Upper Penninsula Of Michigan. Close To Area Tourist Attractions, Lakes, Rivers, State Land And Casinos. Additional Acreage May Be Redesigned For New RV Park. Sold As Is With No Expressed Warranties. Site Has Just Re-opened For Business, Limited Financial History Available. Flexible Seller Financing To Qualified Buyer. Only $650,000. Email or call 231-218-1166 for more information on this Motel & Resort for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 1989
Number of Employees: 1 - 3
Relocatable: No
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Available.
Reason For Selling: Seller retiring.
Photos
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Click on the "I'm Interested" button above for more information on this Hotels and Holiday Accommodation > Motels business for sale.
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Print Listing Id: 70067478
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