Description
**Please read in entirety** Motel only sale. Annual gross is $340,000-$350,000. Owner financing possibility with $600,000 down and a one-year balloon or $750,000 down and a two year balloon. 15 renovated units plus a one bedroom, two bath, 1300 square-foot owner/manager living area with full kitchen, living room, and pantry. Motel and adjacent vacant lot selling for $3,499,000(owner financing only option for motel and land combined is with $900,000 and a one year balloon) giving a combined 2.7 acres. Motel was completely renovated from studs to rafters after Hurricane Michael. All rooms are newly furnished. Lobby has a managers office, full laundry room, soda and vending/ice machine. All information is approximate and should be verified by buyers if important.
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16BEDS
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2.73ACRES
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17BATHS
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01/2 BATHS
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6,100SQFT
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$385$/SQFT
School Ratings & Info
Description
**Please read in entirety** Motel only sale. Annual gross is $340,000-$350,000. Owner financing possibility with $600,000 down and a one-year balloon or $750,000 down and a two year balloon. 15 renovated units plus a one bedroom, two bath, 1300 square-foot owner/manager living area with full kitchen, living room, and pantry. Motel and adjacent vacant lot selling for $3,499,000(owner financing only option for motel and land combined is with $900,000 and a one year balloon) giving a combined 2.7 acres. Motel was completely renovated from studs to rafters after Hurricane Michael. All rooms are newly furnished. Lobby has a managers office, full laundry room, soda and vending/ice machine. All information is approximate and should be verified by buyers if important.
© 2023 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or St. George Island Realty. Data last updated: 2023-06-05T11:42:24.343.