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Royal Inn 821 W Highland Ave 31 Pièce Hôtel Albany, GA 31701 1 698 876 $ CAD (54 802 $ CAD/Pièce) 13,83% Taux de capitalisation
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 | 80,70 $ CAD | - |
1 1
Assez accessible à pied
50/100
Très bien adapté aux voitures
80/100
Plutôt accessible en vélo
40/100
Impôts fonciers
| Numéro de lot | 000DD-00007-003 | Évaluation des bâtiments | 129 088 $ CAD |
| Évaluation du terrain | 13 317 $ CAD | Évaluation totale | 142 405 $ CAD |
Impôts fonciers
Numéro de lot
000DD-00007-003
Évaluation du terrain
13 317 $ CAD
Évaluation des bâtiments
129 088 $ CAD
Évaluation totale
142 405 $ CAD
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Présenté par
Royal Inn | 821 W Highland Ave
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