Amazingly successful and established hotel/motel can document (with tax returns) $25,000+ per month real NOI. Net operating income can go as high as $30,000 per month in season. 90-100% occupancy always. Excellent location and condition, 10% cap rate on current numbers, not projected. Address/documentation disclosed upon a signed NDA, attached here.
|Prior to Nov 15, '17||$3,498,000|
|Nov 15, '17 - Jan 4, '18||$3,497,000|
|Jan 4, '18 - Today||$3,100,000|
|AIR||Wall/Window Unit Cooling|
|UTILITIES||Public Water; Public Sanitation;|
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Listed with Keller Williams Eagle Realty
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