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Listed by:

Transworld Business Advisors of West Florida

Motel In Manatee County For Sale

Manatee County, Florida
Asking Price:
$1,100,000 (USD) Furniture / Fixtures included
Sales Revenue:
$153,140 (USD)
Cash Flow:
$99,376 (USD)

Completely remodeled 16 room motel/weekly rental facility projected to be 100% occupied by June 1st of this year. Building has been completely remodeled with proper permits. Fire sprinkler system added, 3 new tankless hot water heaters added, inside construction is 100% new as well as most windows have already been replaced. Located in Manatee County with a Sarasota address. This is a free standing building with 5078 square feet and the real estate is included. Current CAP Rate is 9% but can easily be increased to 10% by increasing the under market rental rates. Lender Pre-Qualified! Please refer to listing #3353101927 and ask for when inquiring. Thank You!

Property information

Real Estate:

Real Property Included

Location:

RE: 700000

Business Operation

Reasons for selling:

Out of state owner

Trading hours:

24/7

Years established:
2

Other Information

Support & training:

Two weeks of training at no cost

Financing available:

SBA Financing Available - Amt: $750,000 -Mos: 360 -Rate: 9.00 -Mo Pmt: $6,034.67

Furniture / Fixtures value:
$7,800 (USD) - included in the asking price

Listed by

Transworld Business Advisors of West Florida

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