Description
MOTIVATED SELLER, seller financing available. Discover the extraordinary Hacienda Motel, a wise investment choice with immense returns. This remarkable property features 13 rooms, with 7 already refurbished. The ongoing renovations extend to the exterior and the kitchen/common area, ensuring an impressive overall upgrade. Designed to serve as transitional housing for organizations like the Department of Corrections (DOC), HARPS, Goodwill, and QBH housing, the Hacienda Motel presents a unique opportunity. Each room accommodates two beds, generating a monthly rent of $700 per bed, resulting in a potential revenue of $1,400 per room. Fully operational, this exceptional property can generate an impressive annual gross income of $218k. With operating expenses around $36,000 annually, substantial profits and a robust cash flow are within reach. Maximizing room occupancy is key to unlocking its full potential. There is always substantial demand for this housing solution. Call today for further details!
Directions: Google maps
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13BEDS
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N/AACRES
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8BATHS
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01/2 BATHS
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3,819SQFT
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$203$/SQFT
School Information
Courtesy of HomeSmart Premier Realty.Description
MOTIVATED SELLER, seller financing available. Discover the extraordinary Hacienda Motel, a wise investment choice with immense returns. This remarkable property features 13 rooms, with 7 already refurbished. The ongoing renovations extend to the exterior and the kitchen/common area, ensuring an impressive overall upgrade. Designed to serve as transitional housing for organizations like the Department of Corrections (DOC), HARPS, Goodwill, and QBH housing, the Hacienda Motel presents a unique opportunity. Each room accommodates two beds, generating a monthly rent of $700 per bed, resulting in a potential revenue of $1,400 per room. Fully operational, this exceptional property can generate an impressive annual gross income of $218k. With operating expenses around $36,000 annually, substantial profits and a robust cash flow are within reach. Maximizing room occupancy is key to unlocking its full potential. There is always substantial demand for this housing solution. Call today for further details!
Directions: Google maps
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