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17848 Garrett Hwy - The Garrett Inn - Motel and Residence 12 Unité Immeuble d’habitation offert à 2 327 419 $ CAD Oakland, MD 21550
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Faits saillants de l'investissement
- $320,000 Gross Receipts. 80 % Occupancy
Résumé de l'annonce
Prime Commercial Opportunity – The Garrett Inn 5.76 Commercial Acres Near Deep Creek Lake!
Exceptional commercial investment opportunity featuring The Garrett Inn, a well-established and immaculately maintained 10 Room motel property just minutes from Deep Creek Lake’s year-round recreation. The property includes a beautifully kept 3-bedroom, 1.5-bath owner’s residence (could also be rented out if the new buyer's do not need to live on property) and attached motel office, offering a spacious kitchen, dining area, and lower-level family room. The residence connects directly to 10 spacious motel guest rooms. Each tastefully decorated and fully equipped with large TVs, mini-refrigerators, coffee makers, and full-size bathrooms. The motel enjoys over 80% occupancy, reflecting its strong reputation and consistent demand. Guests benefit from a centrally located ice and refreshment room, while the property also features a separate 2-bedroom 1-bathroom rental cottage for additional income.
Situated on 5.76 acres, the property offers approximately 4 acres of undeveloped land behind the motel, creating outstanding commercial expansion potential—ideal for short-term rental cabins, additional motel units, storage units or potential lot development (subject to local zoning approvals). Additional features include two detached garage/storage buildings and a highly convenient location with restaurants and shopping directly across the street. A rare opportunity to own an established hospitality property with strong income, expansion potential, and prime access to Deep Creek Lake attractions.
Exceptional commercial investment opportunity featuring The Garrett Inn, a well-established and immaculately maintained 10 Room motel property just minutes from Deep Creek Lake’s year-round recreation. The property includes a beautifully kept 3-bedroom, 1.5-bath owner’s residence (could also be rented out if the new buyer's do not need to live on property) and attached motel office, offering a spacious kitchen, dining area, and lower-level family room. The residence connects directly to 10 spacious motel guest rooms. Each tastefully decorated and fully equipped with large TVs, mini-refrigerators, coffee makers, and full-size bathrooms. The motel enjoys over 80% occupancy, reflecting its strong reputation and consistent demand. Guests benefit from a centrally located ice and refreshment room, while the property also features a separate 2-bedroom 1-bathroom rental cottage for additional income.
Situated on 5.76 acres, the property offers approximately 4 acres of undeveloped land behind the motel, creating outstanding commercial expansion potential—ideal for short-term rental cabins, additional motel units, storage units or potential lot development (subject to local zoning approvals). Additional features include two detached garage/storage buildings and a highly convenient location with restaurants and shopping directly across the street. A rare opportunity to own an established hospitality property with strong income, expansion potential, and prime access to Deep Creek Lake attractions.
Faits sur la propriété
| Prix | 2 327 419 $ CAD | Taille du bâtiment | 6 770 pi² |
| Prix par unité | 193 952 $ CAD | Occupation moyenne | 80% |
| Type de vente | Investissement | Nombre d’étages | 3 |
| Nombre d’unités | 12 | Année de construction | 1963 |
| Type de propriété | Immeuble residentiel |
| Prix | 2 327 419 $ CAD |
| Prix par unité | 193 952 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 12 |
| Type de propriété | Immeuble residentiel |
| Taille du bâtiment | 6 770 pi² |
| Occupation moyenne | 80% |
| Nombre d’étages | 3 |
| Année de construction | 1963 |
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Impôts fonciers
| Numéro de lot | 07-003196 | Évaluation des bâtiments | 529 693 $ CAD |
| Évaluation du terrain | 199 337 $ CAD | Évaluation totale | 729 030 $ CAD |
Impôts fonciers
Numéro de lot
07-003196
Évaluation du terrain
199 337 $ CAD
Évaluation des bâtiments
529 693 $ CAD
Évaluation totale
729 030 $ CAD
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17848 Garrett Hwy - The Garrett Inn - Motel and Residence
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