Motel, Apartments, Restaurant - Business for Sale
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Multi-Revenue Motel, Apartments, and Restaurant in Brinkley, AR
Brinkley, AR, US
Added 9 months ago
Motel, Apartments, and Restaurant Property Management
Absentee / Semi-Absentee
This business in Brinkley, Arkansas consists of a 40-room motel, 10 apartments, a leased restaurant, and an extra-large rentable room, generating revenue from multiple rental streams.
Key Information
Asking
$1.3M
Revenue
–
Earnings
$683K
Multiple
1.9x
Key Highlights
- Property includes a 40-room motel, 10 apartments, a leased restaurant, and an extra-large room for rent.
- First mortgage of $1,025,000 may be assumed, subject to approval.
- A COVID loan of $140,000 may be assumed on a case-by-case basis.
- Approximately $150,000 required for purchase, plus an additional $50,000 for working capital, startup, and renovations.
- Major improvements include roof repairs, RFID locks, replacement of 25+ AC units, and 3 new split AC units for the restaurant.
Contact Info
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