Description
This motel indeed has a lot of potential for various business opportunities! The manager’s apartment, a one-bedroom apartment, and a restaurant on the premises have multiple avenues for generating income. The flexibility to rent out the restaurant or convert it into another apartment adds to its appeal.
The weekly and monthly rental rates you mentioned seem reasonable, and with some management improvements and maintenance, there’s room to increase profitability. A 60-70% occupancy rate is solid but leaves room for growth, suggesting there’s potential to attract more guests.
Entering the hotel/motel business at an entry-level with this property could be an exciting opportunity for someone looking to get started in the hospitality industry. For those interested in learning more, contacting the Vip Commercial Team directly at 407-453–3415 & seems like the next step to gather more information and potentially explore this opportunity further.
Please do not disturb any tenants or motel employees. An appointment is a must. Anyone without an appointment will be immediately trespassed from the motel.