For Sale $488,000 - Motels
Lot Size : 0.3 Acres / 13,068 sqft
Gross B/D Area : 6,544 sqft
Number of Rooms: 15 Rooms
Annual Room Sales: $75,600 (Recent 4 year average)
Expense : $28,500
10 Rms are being used as monthly basis while other are daily basis.
$500/month for monthly and daily($75/day) has potential to grow with more active involvement.
Property Tax : About $2,500
Appraised at $ 435,000 by Inland Appraisers LTD (2011)
A lot of renovations for the last 10 years.