Travelers Motel-Bank Owned

Asking Price: $165,000

Location:

Major Highway Skiriting Lake Superior at Whitefish Point,Paradise

Property Description:

Limited Service

Number of Rooms:

17

Major Source of Business:

Tourism both Summer and Winter

Site Size:

3.5 acres MOL

Year Built:

Unknown

Last Year Renovated:

2009

Common Area Amenities:

Lobby, Living Quartersq

This is a fabulous deal for someone to get started in the motel business. Two major buildings plus a house. One of the buildings still needs work but depending on your choice, the motel could end up with 17 rooms. The other building looks great from the road but needs some work on the inside. If your are looking for a motels that needs some work at a fabulous price with bank financing…you have found it! The property also has a 1600 sf house centered nicely to view the motel. You will need to furnish the property and complete the repairs and you are in business. This area of Michigan has two major seasons, summer and winter. Summer, with it’s cool breezes coming off the lake and nearby fun at the casinos and winter where you will find the snowmobilers coming to the area for it’s great trails and casinos as weill. NOW IS THE TIME!!!!

Listing Broker: Russ Rodgers

Hotels <1 million USD, USA