MOTIVATED SELLER SEEKING OFFERS (CAVND-JV9645)

North Dakota

$ 2,200,000

Overview

1 LOCATION, 4 INCOME STREAMS Listed under 2x total gross with an impressive NOI. This opportunity starts with a 40-unit, 2-story, interior corridor motel. The motel commands a surprisingly high ADR with room to grow occupancy. Next, a restaurant (currently serving dinner only) with private dining for up to 100 guests. Also, a separate lounge with full bar, pool table, darts and pull-tab machines. Finally, a liquor store with interior access from the hotel and outside access from the parking lot. The property is located on state highway near a hospital, sports stadium, historic attractions and year-round outdoor recreational opportunities. Asking $2,200,000 (JV9645)

Contact: J. R. Van Den Berg
Cell: 417-616-3442
SOUTHEAST INTERNATIONAL HOTEL BROKERS
1930 E. Meadowmere #101
Springfield, MO 65804
417-865-2520
info@southeastinternational.com
www.southeastinternational.com