Motel Property With Adjacent House In Albany, GA For Sale - Business for Sale
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Motel with Adjacent House in Albany, GA
Albany, GA, US
Added 1 month ago
Motel and Property Management
A newly renovated motel with 24 rentable rooms and an adjacent house in Albany, GA, located near local amenities and educational institutions.
Key Information
Asking
$1.2M
Revenue
$250K
Earnings
$167K
Multiple
7.2x
Key Highlights
- Motel has 24 rentable rooms, with potential to expand to 30 rooms
- Occupancy rate is approximately 70%
- Daily room rate is $45, weekly rate is $225, monthly rate is $800
- Sale includes an adjacent 1,000 sq. ft. house (1 bedroom, 1 bath, basement) in need of complete renovation
Contact Info
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