[SOLD]Motel St. Cloud w. 80 Rooms

ASKING PRICE:  $3,295,000

TERMS:  Cash or new SBNA loan

ROOM REVENUE:  2014-$973,593. 2015-$936,026, 2016-$1,142,676

TOTAL REVENUE: 2014-$1,114,369, 2015-$1,075,195, 2016-$1,312,663

NUMBER of ROOMS: 80 plus 3 bedroom (very nice) living quarters 

INVENTORY: $10K approximately             

TYPE OF BUSINESS: Motel with Large Pool and water slide, Hot Tub

SIZE: 40,330 on each level, pool area 5,000 square feet 

LOT SIZE: 78,467 square feet / 1.8 acres

BUILT: 1981, remodeled many times        

PARKING: Ample off street parking          

YEARS ESTABLISHED: Current owner 10 plus years    

REASON FOR SELLING: Retiring / health

This is a Confidential Listing.  Do not discuss this property with employees or owner.  For more information or an appointment call:  D.J. SIKKA Cell (612)701-6296 or OLEG D. (763)222-9111 Cell

NOTICE:  Information provided by Seller.  Neither Restaurant Brokers of MN nor its Agents Guaranty its Accuracy or Comprehensiveness.

NOTE: Pictures, photos and images used on this webpage are not exact representations of this property! They have been chosen for content and color rather than as exact images of this property.

RBOMN

Restaurant Brokers of Minnesota, Inc.

Brokerage | Project Management | Property Management

More Property Information

DJ Sikka 952-929-9273

Property ID:  DJ, OD

Restaurant Brokers of Minnesota, Inc.

6010 Hwy. 7 | St. Louis Park | MN 55416

(952) 929-9273 T | (952) 922-1514 F

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