Description
This 22-room corner lot motel sits on one of the busiest highways in Pensacola, Florida. It's a 100% cash-based business with most renters paying rates of around $54/day or $275/Week, and nearly full occupancy year-round. New Roof. Current owners states it does this much, mostly cash. Based on our analysis, after an estimated $5000 per room renovation, rents could go up to $72 a day or $400/week. Amazing investment opportunity for any cash investor, especially if renovations are done.
School Ratings & Info
Description
This 22-room corner lot motel sits on one of the busiest highways in Pensacola, Florida. It's a 100% cash-based business with most renters paying rates of around $54/day or $275/Week, and nearly full occupancy year-round. New Roof. Current owners states it does this much, mostly cash. Based on our analysis, after an estimated $5000 per room renovation, rents could go up to $72 a day or $400/week. Amazing investment opportunity for any cash investor, especially if renovations are done.
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