Opal Ridge Motel - Collinsville
For sale by offers to purchase
Business and Property being offered for Sale
Read more...Resort News Magazine - Issue June 2010
Most motel owner/operators/managers will tell you they are rarely in the onsite residence. Maybe this is why the motel residence is the most forgotten about, ignored, and neglected, part of many, many motel complexes. In “the good old days” motels were typically built with a lovely 3 or 4 bedroom home above or beside reception where the owner/operators (who were often the one’s having the motel built) were going to live with their children, and operate the motel business as a family concern. The motel was not only built as a place of business but also a home for the family to live and run the operation
Leasehold Motels For Sale
LEASEHOLD $395,000 - PRICE REDUCED BY MOTIVATED VENDOR
Country setting. Immaculate motel with a beautiful rolling hillside outlook.
Guests love to stay at this motel due to its high quality presentation, laid back and relaxed atmosphere. The units are spread out and spacious. The residence is a large 3 bedroom family home. The property is on a large parcel of land and includes a licensed restaurant, inground pool and conference room. Tariffs start at $97 Double and the motel has a 3.5 Star AAA rating. Long lease in place. Turnover $535,000+. Comfortably operated by a husband and wife team. Fantastic motel property with much potential.