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Businesses For Sale   >>   Hotels and Holiday Accommodation Businesses For Sale

Extended Stay Motel For Sale

Location  New York,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $450000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1995
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Possible.
Reason for Sale  Liquidating.

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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