Owner-Operated Motel with Apartment in Selma, AL!!
Owner-Operated Motel with Apartment in Selma, AL!!
Price: $659,000
Industry: Leisure and Hospitality
Listing ID: Selma659k
1 hour from Montgomery, AL! Independently Owned Motel! Avoid franchise fees!
Located in Selma, Alabama. 10 mins away from Edmund Pettus Bridge, Battle of Selma, National Voting Rights Museum & Institute! 45 Minutes from the Alabama State Capital!
Rooms: 36
Manager Suite: 2 bedrooms, Living room, & Kitchen
All rooms have a 32” flat screen TV!
Seller bought it in 2011, and renovated with new carpet, paint, sinks, A/C, roofing, and new sign! Last year the Seller added a new boiler and commercial washer!
Seller and his wife operate the property themselves. Owner operator will take home over $75,000 per year!
Asking Price for the Property is only $659,000! Own an income-producing property for the same price as a house!
If interested, please email your full name and best contact number to info@riverbrokers.com
Gross Revenue: N/A