Motel Property within Downtown Albany, GA! - Business for Sale
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Motel Property in Downtown Albany, GA
Albany, GA, US
Added 1 month ago
Motel and Hospitality Services
A motel property located in downtown Albany, GA, featuring 75 rentable rooms and additional owner and manager residences.
Key Information
Asking
$2.2M
Revenue
$326K
Earnings
$117K
Multiple
18.8x
Key Highlights
- 75 rentable rooms with potential for 90 total rooms by reclaiming storage and owner/manager suites.
- Occupancy rate: 29.1%.
- Average Daily Rate (ADR): $50.
- Seller's take-home pay is $117,000 annually.
- Property includes a manager's apartment and a large owner's residence.
Contact Info
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