Prime Location 40 Room Motel In NC For Sale

Business description

Prime Location 40 Room Motel in a Downtown Area in North Carolina For Sale For $1,600,000! Motivated Seller! This Motel, established since 1982 has amazing potential & needs an enthusiastic new Owner to take charge. This is an ideally positioned property on 1.4 acres of prime real estate, right on the corner of a busy intersection by a major overpass. Thousands of travellers pass by daily! The motel has fresh new exterior paint & has excellent, easy access to & from the premises. It consists of 3 levels with spectacular mountain & river views. There are bar & restaurant facilities on the premises & the downstairs banquet hall that covers a spacious 10,000sq.ft could easily be turned into a terrific nightclub!. The motel also has living quarters for Owner or management. This is a fast growing area & a very popular area of North Carolina. Friendly staff will stay, if needed. No smoking rooms & facilities, lots of parking, even for trucks & RVs, all rooms are very clean with double, queen or king size beds, new bedding & have A/C & Heat, cable television, AM/FM alarm clock, 24 hour front desk, fax & copy service. Owner is also prepared to offer financing up to 50% of asking price with substantial down payment.. This motel is waiting for someone that can recharge its batteries! This motel has so much potential.By re-opening the bar & restaurant facilities & even by converting the banquet facilities into a nightclub, it could be used for private functions, banquets, wedding receptions, conferences, corporate retreats--the possibilities are endless. Call now for more information. .

Property information

Living accommodation:

Living quarters for Owner or management.

Location:

Prime location on 1.4 acres. in the western region of North Carolina with breathtaking views of the mountains & the river. Main street is just minutes away yet it is also amazingly close to the major cities of six other states (Georgia, Alabama, Tennessee, South Carolina, Kentucky, & West Virginia). The Indian Reservation & Harrah's Casino are less than an hour away. This is a prime location to attract the attention of travellers as it is right at the intersection directly near a busy overpass. This is truly a great place to operate a motel, in a great community, with friendly people & lots of area attractions. Call for more details.

Premises details:

3 story motel on 1.4 acres

Other information

Expansion potential:

This motel is waiting for someone that can recharge its batteries!, The motel has so much potential. Re-opening the bar & restaurant facilities & even by converting the banquet facilities into a nightclub. It could be used for private functions, banquets, wedding receptions, conferences, corporate retreats--the possibilities are endless.

Competition / Market:

No concerns

Support & training:

Owners offer training & support

Reasons for selling:

Owners wish to retire due to health reasons.

Trading hours:

7 days a week. 24 hour front desk

Financing available:

Owner is prepared to offer up to 50% financing with a substantial down payment. Please call to discuss the details.