Contact: Harry Patel: 562-402-2686, 562-230-1193
Status: Active Posting #: 266690 Refreshed: 9/23/2021
Asking Price: $225,000
Down Payment: $225,000
Annual SDC: $74,000
Annual Gross: $140,000
Attributes: Broker-Broker Coop, Semi Absentee Run, Training And Support
Great Opportunity for 1st time Business Buyer with only $225,000. Newly renovated 23 rooms independent property on Chana Lake Blvd. close to China Lake Navel Air Weapons Station, Death Valley Tourist Center, Kerr McGee Community Center, Desert Empire Fairgrounds & China Lake Golf Course.
Contact: Douglas Kim: 213-427-8949, 213-427-8949
Status: In Contract Posting #: 268515 Refreshed: 9/15/2021
Asking Price: $2,500,000
Down Payment: $750,000+
Annual SDC: $350,000
Annual Gross: $637,000
Attributes: Semi Absentee Run, Absentee Run, With Real Estate, Training And Support
An income producing 21-unit 2-story motel in a quiet area but a prime location for tourists and business accounts. Managers are in place -can be absentee owner. An ideal business opportunity for an investor or owner run. Airbnb was started in the middle of 2019, and its revenue has been increasing. In 2020, gross revenue - $637,000, net income - $350,000. Asking Price is $2,500,000 - CAP rate 14%. 60,000 sq. ft. lot. CAP rate is 14% based on 2020 net income. ADR is $118.