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Motel For Sale - Fresno

Nice Clean 65 rooms, two storied franchise Motel business/property in over sprawling 1.5 acres off freeway location.
Seller has completed all the upgrades on rooms since took over this property
less than 2 yrs ago. Currently doing an average Business of approx. 400,000 / annual
with 50% occupancy rate.
Absentee owner operation. Seller is pre occupied and lives out of town.
Great buy for any owner operator with Manager Apartment inside.
There is a Restaurant which need little renovation to lease out to someone for additional income.
New Buyer has the option to switch over present franchise if he want.

There is a current assumable loan of 1.650 M and if buyer can put 15% down
then Seller can consider carry back remaining balance as second TD note from
a qualified buyer.

Please sign NDA first to get Location address & details.
The listing # 170700 Motel - Fresno below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Motel in Fresno please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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Status: Active
Refreshed: 3/7/2017

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Phone: None Given

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Adj Net: $500,000
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Status: Active
Refreshed: 3/2/2017

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