Motel In Louisiana
$449,000 / NOI: $100K / CAP: 25%
For Sale
Description
26-Room Motel with Check Cashing & High CAP Rate – $449K
- Rooms: 26
- Check Cashing Income: $2,500/month
- NOI: $100K (Owner Operating)
- CAP Rate: 25%
- Expansion Potential: Can add up to 2 MPDs, a restaurant, and a bar
A high CAP rate motel with additional income from check cashing and significant expansion potential.
Disclaimer: The property image do not depict the actual property
Address
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Country United States
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Province/State Texas
Overview
- Property ID 150-HR-MO
- Price $449,000 / NOI: $100K / CAP: 25%
- Property Type Motels/Hotels
- Property status For Sale
- Label Active
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