Remarks

This is a 2 year old clean company with an excellent return. All of the units in the motel as well as all the mobile homes in the mobile home park have been recently updated within the past year. Several units were updated in the traditional manner however many were updated with new flooring, paint and new fixtures. The majority of updates follow suit using metal and cedar similar to the exteriors shown on the listing photos. The designs using metal & wood products were used in an effort to address wear & tear on all units over time making future updates unnecessary. Additional information may be obtained by contacting the listing realtor. The monthly rent income for this property is about $25,000 dollars. There is currently a waiting list of renters for this property. Recent renovation of approximately $400,000 done in 2018. Property manager onsite. (id:27)


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