Motel FSBO / Lease / Lease Opt - Buy
www.GlobalBX.com
Listing ID:
700108251
Listing Title:
Motel FSBO / Lease / Lease Opt - Buy
Quick Link:
http://www.globalbx.com/listing.asp?bId=108251
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Motels
Country:
United States
State / Province:
Oregon
Area
City:
Springfield
Asking Price Range:
$500K - $1.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1968
Number of Employees:
1 - 3
Business Description:
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.
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