Motel FSBO / Lease / Lease Opt - Buy
Location Oregon,United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1968
Number of Employees 1 - 3
Inventory 650000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training If necessary.
Reason for Sale Retirement.
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.
Click Here To Contact Seller
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