NEWELL HIGHWAY MOTEL AND CABINS ON ACREAGE

$0

Description: Newell Highway motel and cabins on acreage. Great family style business. Property has been leased for many years. Lease is now over and investor wants out.
AAA Rating: 2½ star.
Construction: Besser block and hardiplank with iron roof and block partitions. Medium sized units and bathrooms with very good standard appointments. Very sound construction. Paintwork good.
Residence: 3 bedroom with bathroom, laundry, lounge, dining, store room, private yard, share kitchen, Double lock-up garage. Very good family residence in good condition - joins reception.
Age: Early 1980s.
Clientele: Passing trade, tourists, workers.
Land Area: 6 acres
Tariffs: Single $70 - $75; Double $75 - $82; Family $65 - $94; Extra Person $13
Chain Affiliation: No
Lease: No
Laundry: Full commercial equipment. All linen owned. Good condition. 2 changes.
Restaurant: No
Services: Continental breakfast, 10 cabins with cooking facilities, BBQ, in-ground pool, DD phones, fire rated.
Turnover: $230,000 under lease. Landlord does not have figures.
Occupancy: Unknown
Comment: Freehold motel. New to the market. Excellent opportunity for a couple or family in need of space. Huge potential for owner operators. Exclusive agents.