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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