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If you are interested in any of these listings. Please print the attached confidentiality form. Enter the following information on the form: 1) the name of EACH listing on the form that you are interested in, and 2) Your Name , Address, Phone Number, Sign and Date and FAX to (888) 287 5422 Download Form |
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1 MOTEL For Sale - North Of Fresno, California |
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Location: |
North Of Fresno |
| Price: |
$2.1M |
Downpayment: |
$20% Down |
| Annual Adjusted Net: |
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$250K |
| Annual Revenue: |
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$500K |
| Description: |
1) Price = 2.1M
2) Down Pmt 20%. Loan will be arranged through Listing Broker if Buyer is unable to get loan.
3) Room rates vary from 40- 80 in high season. Average occupancy rates have been 60%.
4) Room rates have been increased
5) Motel was built in 1994. Previous Owner built it. Current owners bought it in Dec 2002. They have no prior experience in this industry and are having partnership disputes.
6) Sellers are doing significant upgrades which is included in Contract Price (Furniture, Carpets etc). |
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