Motel Property With In Downtown Albany For Sale - Business for Sale
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Motel Property in Downtown Albany, GA
Albany, GA, US
Added 1 month ago
Motel Property for Sale
A motel property with 75 rentable rooms and on-site owner's residence is for sale in downtown Albany, GA.
Key Information
Asking
$2.2M
Revenue
$326K
Earnings
$117K
Multiple
18.8x
Key Highlights
- 75 rentable rooms with an occupancy rate of 29.1%.
- Average Daily Rate (ADR) is $50 with a RevPAR of $11.93.
- Seller's annual take-home is $117,000.
- Property includes a manager's apartment and a large owner's residence.
- Located on 1.5 acres with a building size of 37,202 SF.
Contact Info
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