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This Property is perfect for a first time hotel buyer with prior management experience. Currently, the owner is absentee. There are 44 units in a two-story building constructed of wood-frame and stucco siding. Each guest room is equipped with direct-dial telephones amd cable-ready televisions. Units are in good condition and are approximately 210 square feet (+/-). There is a two-bedroom manager's apartment, a laundry facility, ample parking and cash producing soda & snack machines.
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Overview:
Budget Motel
1140 4th Street
Eureka, CA
- 44 Units
- Excellent Highway 101 Location
- Priced Under $43,000 Per Door
- 2007 Room Revenue at $360,000
- Amenities Include a 2-Bedroom Manager's Apartment
- Asking Price:$1,850,000