This Property is no longer advertised on Showcase.com.
Off Market
1/20

115 N Lake St
Oscoda, MI 48750


HIGHLIGHTS


OVERVIEW

Aspen Motor Inn is a family-run motel and highly profitable motel with low-cost expenses and easy to run. It has 22 guest rooms. For Owner/Operator, there is a 3 bedrooms house with the motel. You can rent rooms as a daily basis or weekly or monthly basis. There are lot of people looking for monthly rentals in the Oscoda area due to big airplane maintenance company called Kalitta Air (Check out website http://www.kalittaair.com/). Right now the gross room revenue is around $140,000 to $150,000 without any third-party reservations. We do not do any kind of third party reservations like Expedia, booking.com, hotels.com, etc. All gross room revenue is based on walk-in guests. If you will start to sell with third parties reservations system then it will be around $190,000 to $200,000 gross room revenue. Please contact me for more details Neil Patel 9062805636 / Zack 9893353416 or email me at neil@marinetteinn.com / zack@marinetteinn.com

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

ASPEN MOTOR INN

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

5000

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1982

PARKING SPACES

22

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B1

APN/PARCEL ID

021-L20-005-004-00