Harvey (North Dakota, US - 58341)SOLD
$297,000 USDYear round contract
SOLD 10-22Left View
Left ViewMotel Single RoomMotel Double RoomMotel BathMotel Laundry RoomMotel BathResidenceRight ViewResidence BathResidence Mstr BedroomResidence Dining RoomResidence KitchenResidence KitchenResidence Kitchen ExitGarage"Averages 100% occupancy"
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Coldwell Banker 1st Minot RealtyClyde Thorne
Phone:(701)852-0136
Cell:(701)240-8594
Fax:(701)839-7508
Details
Address:575 E. Brewster StType:CommercialStyle:Single StoryLot Type:Rectangular
Description
An entrepeneur's dream: A 16 unit motel that includes a owner's residence, 1-car heated garage with storage and additional land for expansion. Motel has aperpetual contract that keeps this motel at a 90% occupancy rate. Motel nets 50% of gross income. Boiler new in 1994; garage & motel roof new in 2007;motel newer windows and resurfaced parking lot in 2007.
Highlights
All appurtenances with hotel stay, i.e. beds, microwaves, clocks, etc. except for van.New owners can live in residence and operate motel to keep labor expenses down.
Owners have steady clientele that maintains the high occupancy rate.Extra land available for expansion of motel or RV park
Features
Roof
Asphalt
 
P2#1548507
Information is deemed to be correct but not guaranteed.