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Motel (18 Unit)

  • Status: Available
  • Price: $2,675,000

Yogen Dhanik

License No:
DRE #01190497
Email:
yogen@lbaweb.com
Office:
925-932-2450
Mobile:
510-427-8597
  • Listing No: 4386
  • Status: Available
  • Area: Alameda County
  • Price: $2,675,000

Description

18 UNIT MOTEL IN ALAMEDA COUNTY

A great opportunity to own an 18-unit motel in Alameda County, SF Bay area, on a large, over ¾ acre lot. This offering consists of a living floor space of 7608 Sq Ft, with updated, 18 daily rental units. Also included is the spacious manager’s residence, consisting of about 1500 Sq Ft of living space, 4 bedrooms 3 bathrooms, Kitchen with dining area, living room and office. Also has 2 storage garages. This is a highly traveled corridor, combined with proximity to recreation, industry, restaurants and shopping centers, hospitals etc. Also has approximately 10,000 Sq FT of open land that can be used to build additional units.
Asking Price: $2,675,000

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Motel
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4386
Date Available: 04/02/2024
Reason For Sale: Relocation

Financial Information

Annual Total:
300,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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