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31 unit motel in Maryland for sale 1.8M, Avg gross 415k
2.5+ acres (possible to add on)
1 owner for 40+ years, but manager-run
Recently renovated rooms/new roof
Beautiful & tranquil surroundings at a State Park
Real Property Included
2 bedrooms, 1 bathroom, dining room, kitchen, living room, unfinished basement, additional 1/2 bathroom, reception area, secure reception desk, office, storage and additional bonus room.
Main East-West State Highway and 1 mile from Interstate adjacent to a State Park, wealthy rural County with easy access to Baltimore and Washington DC
Horseshoe arrangement of guest rooms plus 2 additional guest room structures, with separate owner/manager apartment with reception area attached.
2.5 acres+ land with plenty of scope for expansion - plans were previously drawn up but not actioned
No other motels in the vicinity
Owner retiring after 40+ years
24 hours per day
Orientation to operation and training in the fundamentals can be provided
Depending on due diligence
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