Marketing Remarks
INVESTOR ALERT! Want to own your own home and motel? Here's your chance to buy the West 35 Motel with an active, transferable motel license. Perfect for an owner/operator. Current ownership has completely renovated the property to include new roof, electric, flooring, bathrooms, kitchen, paint, septic, and HVAC. Motel includes 6 rooms and a coin-op laundry facility for guest convivence. Home is a 2-bedroom cape cod with a finished loft and an efficiency with a separate entrance for additional earning potential. Motel office is connected off the main entrance to the house. This property is ready to go with huge earning potential. Possible uses include Airbnb, short term rentals, long term rentals, sober living, or group home. Portfolio sale, please see current portfolio listings 917659, 917300, 917613, 917268, 917600, 917647, 917652, 917643, 917623, 917687, 917690.
additional details
- Heating System Electric,Forced Air,Heat Pump,Propane
- Cooling Central,Heat Pump,Other
- Garage 1 Car
- Total Baths 8
- Utilities City Water,Propane (Owned),Septic
- Lot Dimensions 0x0
Room Dimensions
- Kitchen: 8 x 12 (Main)
- Bedroom: 7 x 11 (Main)
- Dining Room: 10 x 12 (Main)
- Bedroom: 9 x 12 (Main)
- Family Room: 11 x 21 (Main)
- Bedroom: 10 x 15 (Main)
- Bedroom: 10 x 15 (Main)
- Bedroom: 10 x 15 (Main)
- Bedroom: 10 x 15 (Main)
- Bedroom: 10 x 15 (Main)
- Bedroom: 10 x 15 (Main)
- Bedroom: 9 x 13 (Main)
- Other: 11 x 15 (Main)
- Family Room: 11 x 21 (Main)
- Dining Room: 8 x 11 (Main)
- Kitchen: 8 x 12 (Main)
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- Office : 937.434.7600
- Mobile : 937-266-5511
- Fax :937-306-1806
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This is your principal + interest payment, or in other words, what you send to the bank each month. But remember, you will also have to budget for homeowners insurance, real estate taxes, and if you are unable to afford a 20% down payment, Private Mortgage Insurance (PMI). These additional costs could increase your monthly outlay by as much 50%, sometimes more.
Courtesy: BHHS Professional Realty (937) 426-7070 Kory Pierson
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