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Small Eastern Oregon Motel - $550,000 (Prineville)

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Posted : Tuesday, July 16, 2024 07:34 PM

Small Mom & Pop Motel Eastern Oregon.
14 unit Motel + 1 bedroom 1 bath owner/manager unit, 6 single Queens 8 Double Queens.
Top rated on Booking.
com & Google.
Small garage, with lots of new upgrades Outdoor seating, Guest firepit/BBQ, new signs, new heat and air units, new refrigerator, microwave, 32" flat screen, new beds and stans, new flooring bedding, towels, etc.
.
.
John Day Or.
is a amazing little town and growing in many ways Offering some of Eastern Or.
most amazing recreational area and some of the best hunting, fish Eastern OR.
has to offer also fossil beds, gold panning, Hiking, 4 wheeling, snowmachine, skiing, snowboarding etc.
Great investment opportunity owner operate or onsite managers.
20yrs.
Owners ready to retire and travel.
Your estimated cap rate 24.
91% Gross Income $210,000.
00 Annual operating expenses $73,000.
00 Net operating income (NOI) $137,000.
00 Purchase price / value $550,000.
00 Asking $550,000 O.
B.
O Possible Owner financing $350k down Send name and contact number for information do not call or stop by without appointment.

• Phone : NA

• Location : Powell Butte,OR

• Post ID: 9148705155


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