This hotel has been renovated. New roof, paint, doors and flooring. Operates as a extended stay, easy to run manage.
ARV: 550k
ESTIMATED REPAIRS: 25k
KEY FEATURES: Motel is Ran as a extended stay.
13% CAP
12 Units
Units 1-5 $210
Units 6-8-9 $180
Units 7-10-11-12 $190
GROSS 9,750 Monthly *12= 112,800
Monthly Exp 3,350 *12= 40,200