Profile: A Clean And Immeculate Well Managed And Maintained Property In Texas.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Raman Patel, Broker
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| Primary Phone: |
714-321-7531 |
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| Alternate Phone: |
714-321-6697 |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/26/09 |
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| Date Last Revised: |
10/26/09 |
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| BizBen Ad #: |
140212 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$800,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$265,333 |
| Annual Adjusted Net: |
$100,822 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Yes |
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Description:
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A Clean And Immeculate Well Managed And Maintained Property In The Heart Of The Major Attractions And Businesses. Formally Econolodge Was Converted To Rodeway Inn In September 2007. The Rodeway Inn Franchise's Requirement Has Been Met And Approved For This Year Also. The Roof Is Two Years Old. Manager Apartment Living Area Approx. 1200 Sft Consits Of Two Bedroom, Large Living Room And Family Size Kitchen Addtional To 28 Rooms. The Price Is Included 2000 Sft Reastaurant And A 3bed/2baths 1500 Sft House, Which Generate 1400/Month. This Income Is Not Included In Motel Income. Restaurant And House Have Seperate Parcels. Entire Motel Is Just Renovated. New Paint Outside And Inside With New Furniture And Tvs In Each Room. The Great Price To Buy And Great Time To Buy. Bring Your Offer!
Location Description:
The Motel Is Located Near Local Attractions, Inculding Bayor Lake, Old Seller's Reunion And Rodeo, Heritage Museum, Regional Medical Center And Texas Department Of Transportation. The Municipla Airport Is Just Minutes Away.
No. Stories: 2
Average Daily Rate: 55
Average Occupancy: 60%.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Raman Patel, Broker at 714-321-7531 or 714-321-6697 Non Disclosure Agreement |
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