15-room, independent motel situated on a 1-acre lot close to town and surrounded by residential areas. Property Details & Financial Highlights: - Asking Price: $540,000 cash or 50% down with just motel alone - Gross NOI: $150,000 – $180,000 annually - Net Income: Approx. $5,000 – $7,000 monthly (with low monthly expenses) - Condition: Good condition, non-branded - Manager's Quarters: Includes a living room, bathroom, and kitchen for an owner or manager - Financing: Seller financing is available with 50% down Additional Investment Opportunities: - Lease the On-Site Convenience Store: Producing $15,000 per month (liquor, game machines, etc.) for $2,800/month. - Purchase the Store & Land: Available for an additional $150,000. The included land offers potential to expand the store or add a small gas station or restaurant. Please contact me today for more information or to schedule a tour. Best regards, Claudia J. Baron Smart 336.929.2831