Extended Stay Motel For Sale

www.GlobalBX.com

Listing ID: 700152039

Listing Title: Extended Stay Motel For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=152039

Industry: Hotels and Holiday Accommodation

Industry Segment: Motels

Country: United States

State / Province: New York

Area New York City Area

City: Rockland

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $450,000

Cash Flow: $100,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1995

Number of Employees: 1 - 3

Business Description:
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.



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