Hotel / Motel
Location North Carolina,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $929398
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Motel for sale is only a short drive from Raleigh. This 122 room motel features 40 rooms with king size beds, a pool, and large storage capacity. Recent upgrades include all new water heaters. Revenue exceeds $3 million over the past 3 yrs. The future is bright with expected population growth on the horizon. Motel has been kept in great shape by the current owner and needed repairs and upgrades should be limited. Contact your County South Broker for Details. Interested potential buyers must be able to show that they are qualified.
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