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Off Market
1/8

811 S Mulberry Ave
Butler, AL 36904


HIGHLIGHTS

  • Motel and Manager's Apartment in Butler, AL! Great Opportunity for Early Retirement!
  • Manager's apartment includes 4 bedrooms and a large living room area!
  • Rentable Rooms: 20 (not including the manager's apartment!) New A/C Units! New 40 LED Flat Screen TV’s! Nice Living Quarters 4 With large Living Spa

OVERVIEW

Motel and Manager's Apartment in Butler, AL! Great Opportunity for Early Retirement! Manager's apartment includes 4 bedrooms and a large living room area! Rentable Rooms: 20 (not including the manager's apartment!) New A/C Units! New 40 LED Flat Screen TV’s! Nice Living Quarters 4 With large Living Space All 20 rooms are fully booked for two months a year when the Georgia Pacific plant shuts down for cleaning every year! Motel currently charges $250 plus tax / weekly or $49 plus tax / daily for King size rooms and $360 plus tax / weekly or $59 plus tax / daily for Double Bed rooms! There are 9 rooms that are Double Beds and 11 are King Size! Includes one acre of land! Property includes 20 rooms with new A/C units and new 40' LED Flat Screen TVs! 20 minutes from a Georgia Pacific manufacturing plant employing 2500 people, minutes from a major gas company and a power plant! The traffic count is 5230! There are a lot of customers that visit for hunting! Only 45 minutes from Meridian, MS! Current yearly revenue is $110,000 with fixed expenses of $35,000. Seller is taking home $75,000! Seller is currently operating the Property single-handedly with no employees. Cap Rate is extremely high at 19%! Asking Price for the Business and Property only $399,000! Pay less than the price of a House for an Income Producing Property! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

Motel and Manager's Apartment

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

8955

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1949

PARKING SPACES

22

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-2

APN/PARCEL ID

1304193002007001