22 ROOM MOTEL - CASH FLOW AS MOTEL OR CONVERT TO MULTIFAMILY COMPLEX!

Make this your next cash cow!

1/1 Rent in the area @ $750/unit (convert hotel rooms into 1/1)

Potential for all kinds of conversion

Keep 4 studio units

Convert 14 Studio into 7 1/1 Units

Convert Last 4 Into 2/1 or 1/1 Units

Potential for 12-13+ Long Term Rental Units @ 750-850/month rent

LIMITLESS POTENTIAL FOR THIS PROPERTY!

11% cap rate after conversion and improvements.

WALKTHROUGH VIDEOS AVAILABLE IN THIS LISTING

Property Features:

Beds: 22

Baths: 22

SQFT: 8912

Lot Size: 3.68 Acres

ARV: 2 Million+ After Improvements and leases

Rehab Estimate: $300,000

Asking Price: $435,000

Avoid all the negotiating and buy it now for $440,000.00

by clicking the "WIN IT NOW" button below.

Please reach out if you have any questions or need more information.

Cash Offers, Hard Money, or Private Money ONLY!

BUYERS ARE REQUESTED TO DO THEIR OWN DUE DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.

NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT OF BTZ INVESTMENTS, LLC.

Earnest Money Deposit (EMD) of $10,000.00 must be wired to the Title Company within 1 day of Assignment Contract signing.

Due Diligence: Buyers are asked to perform their own due diligence on the property.

Closing Costs: End Buyer will pay all Closing costs and will be outlined on the final settlement statement of the deal.