20-UNIT MOTEL IN MTN./LAKESIDE RESORT TOWN #22

UPDATED

FULLY ASSUMABLE LOAN! This popular lodging destination was established in 1950 and purchased by the current owners in 2003. In 2007, the existing motel was demolished and a brand new 20-unit lodge was constructed. The NEW motel opened for business in 2008. The owners have created a beautiful getaway with a modern lodge theme and a warm, woodsy atmosphere. This motel is the nicest and newest in the area - a popular relaxation destination with many activities including water sports, hiking and fishing in the summer and snow-related activites in the winter. There is room for an additional 12 rooms to be added and other expansion opportunities. Total assets include a three year old 20-unit motel with manager's apartment, extra-large laundry room, office and 50+ year business history; plus all furnishings, fixtures, equipment and inventory currently used in running this growing business.

  • $1,499,950
  • CA
  • No
  • $2,087,400
  • $244,438
  • $354,688
  • 393
  • No
Keywords related to the business: Motels For Sale, Hotels For Sale, Motels For Sale in California, Large Motel, Hospitality Industry For Sale, Accommodations, Apartment Included, California Businesses For Sale, Lodging, Resorts
Related Business Categories: Hotels & Motels

Testimonials

I would like to express my appreciation to you and your company for all your help and support. The business was unique. It was very difficult for me to find a buyer after my husband had passed away. I do not know if I would have been able to find a buyer without your professional help and support.

Blazena C.