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821 W Highland Ave
Albany, GA 31701
Royal Inn · Services hôteliers Propriété À vendre
·
31 Pièces
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Yearly sales are expected to generate over $250,000! Motel is newly renovated and recently reopened!
- Net profit before mortgage is over $166,000 per year
- Daily rate is $45. The weekly rate is $225. The monthly rate is $800.
Résumé de l'annonce
Yearly sales are expected to generate over $250,000! Motel is newly renovated and recently reopened!
The Motel currently has 24 rentable rooms! Downstairs has an additional separate Office and Manager's Living Room and Kitchen onsite! Upstairs, the Manager is occupying 4 rooms for her family. Opportunity to expand to 30 rentable rooms!
Daily rate is $45. The weekly rate is $225. The monthly rate is $800.
Occupancy rate is roughly 70%.
Net profit before mortgage is over $166,000 per year AFTER $24,000 in Manager wages, $23,000 in utilities, $18,000 in insurance, and all other expenses!
House next-door to the Motel property is included in the sale! Currently the house is in bad condition and will need to be completely renovated. It is 1,000 sq. ft. with 1 bedroom and 1 bath and a basement! After renovations, Buyer could also rent out the house for $650 per month for additional cash flow!
The Motel currently has 24 rentable rooms! Downstairs has an additional separate Office and Manager's Living Room and Kitchen onsite! Upstairs, the Manager is occupying 4 rooms for her family. Opportunity to expand to 30 rentable rooms!
Daily rate is $45. The weekly rate is $225. The monthly rate is $800.
Occupancy rate is roughly 70%.
Net profit before mortgage is over $166,000 per year AFTER $24,000 in Manager wages, $23,000 in utilities, $18,000 in insurance, and all other expenses!
House next-door to the Motel property is included in the sale! Currently the house is in bad condition and will need to be completely renovated. It is 1,000 sq. ft. with 1 bedroom and 1 bath and a basement! After renovations, Buyer could also rent out the house for $650 per month for additional cash flow!
Faits sur la propriété
Pièce renseignements sur le mélange
| Description | Nombre de pièces | Taux quotidien | pi² |
|---|---|---|---|
| Guest Room | 31 | 79,20 $ CAD | - |
Impôts fonciers
| Numéro de lot | 000DD-00007-003 | Évaluation des bâtiments | 128 225 $ CAD |
| Évaluation du terrain | 13 228 $ CAD | Évaluation totale | 141 453 $ CAD |
Impôts fonciers
Numéro de lot
000DD-00007-003
Évaluation du terrain
13 228 $ CAD
Évaluation des bâtiments
128 225 $ CAD
Évaluation totale
141 453 $ CAD
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