Return to search results

Turn-Key 15 Unit Motel & 2 Bedroom | 1 Bath Residence Near Lake Erie

West Springfield, PA (Erie County)

15 Unit Motel & 2 Bed / 1 Bath Residence by Lake Erie
Contact Seller

Asking Price: $299,000

Cash Flow: N/A

Gross Revenue: $111,666

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2005

Turn-Key 15 Unit Motel & 2 Bedroom | 1 Bath Residence Near Lake Erie

Save Print Share Valuation Report

Business Description

Highly regarded 15 unit motel & private residence near Lake Erie for sale. Currently operating as The SunSet Motel. Immaculately maintained! Located in a major fishing tourism area near Lake Erie - just 1 mile from Exit 3 on I-90 & including highway visibility. The 5,208 ± SF motel includes 15 turn-key units. All units feature refrigerator, microwave, coffee pot, flat screen TV, free WiFi & A/C. Situated on 16 acres with abundant parking including on site boat storage & a fish cleaning station to accommodate fishing tourism. Separate 1,276 ± SF – 2 bed, 2 bath residence & attached office with half bath included in package. Package also includes a 2,304 ± SF pole barn with overhead door & electric – offering potential for events or owner hobbies. Situated on 16 acres with frontage along I-90 offering excellent visibility and abundant parking for both cars and boats. The property is located just 1.1 miles from Exit 3 on I-90. Daily room rates range from $41.00 to $91.00 depending on season. Gross operating income (2018): $111,666. Detailed information available with signed non-disclosure agreement (attached). Contact broker for additional information or to schedule a tour.

E-Signature Enabled Non-Disclosure Agreement:
https://secure.na1.echosign.com/public/esignWidget?wid=CBFCIBAA3AAABLblqZhDUcbGRWrbw0KjwW4lH821501q-UmxyJPaQzf03Ju5kcLOGCm2X2Yyn_HlLzL3oOFU*

Attached Documents


Detailed Information

Location:
West Springfield, PA
Real Estate:
Owned
Included in asking price
Building SF:
9,222
Facilities:
Fully equipped, clean & well maintained 15 unit motel with separate 2 bedroom / 2 bathroom private residence, motel office and out buildings situated on a large lot with highway frontage.
Competition:
* LOCATION – Visible from major highway & close to exit. Just 1.1 miles from highway exit (I-90 Exit 3). * FISHING TOURISM – Located in a high fish tourism area near Lake Erie with 3 seasons of fishing tourism: springtime – small mouth bass, summertime – perch & walleye and fall – steelhead. Other popular game fish include northern pike and muskellunge. * PET FRIENDLY – 10 of the 15 units are currently designated as pet friendly
Growth & Expansion:
Potential for growth by developing online booking - currently no online booking.
Support & Training:
Owner training available.
Reason for Selling:
Owners retiring
Business Website:
http://www.sunsetmotelpa.com/
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Sherry Bauer

Business Listed By:
Sherry Bauer

SBRE

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1606788 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Expedia CruiseShipCenters

Franchise Opportunity In PA
Cash Required: $100,000