Motel

Hospitality for Sale
Catylist Listing ID: 30241990
Property Subtypes: Hotel, Motel
Number of Units: 104 Units
Building Size (RSF): 36,088 SF
Gross Building Area: See Agent
Gross Land Area: 3 Acres
Sale Price: $975,000
Unit Price: $9,375 Per Unit
Property Use Type: Investment, Business
Building Name: Valley Inn
Name of Establishment: Valley Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2018

Overview / Comments

Motel, short and extended stay residency business operation. Total 104 rooms and 100 rental rooms & manager apt consists of 3 rooms and one room used as a resource room. Rooms all updated in the last 4 to 5 years with new bathrooms, refrigerators, microwaves, flat screen tvs & furniture. All rooms have self contained heat and air units. Turn key business with great income. Land area about 3 acres. Very good occupancy levels and gross income. Originally built as a Holiday Inn in 1961. Completely renovated in 2012. Real estate taxes for 2017 $20,563.
Call or email for income and expense information and more details.
Frontage Road along Hiwy 41 just South of Prospect Ave Hiwy BB. Highly visible from Hiwy 41. Located immediately on the West side of Hiwy 41.

Additional Details

Nearest MSA: Oshkosh-Neenah
County: Winnebago
Taxing Authority: Village of Fox Crossing
Property Visibility: Excellent
Largest Nearby Street: Holly Road & U S Hiwy 41
Feet of Frontage: 527
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Average
Year Built: 1961
Year Renovated: 2012
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Black Top Parking Lot.
Heat Source: Wall Units
Lot Frontage: 527
Lot Depth: 260
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 1 of CSM 2537.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,277 60,311 145,638
Median Age: 39.66 36.91 37.31
Households: 1,830 26,281 60,521

Contact

Photograph of Listing Agent

Michael Law

Law Realty LLC
WCIE Member
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