Listed by T S Hotel Advisors, Inc.
$725,000
Lakeview Motel
Details
Property Type Hospitality
Sub Type Motel
Square Footage 22,122
Keys 25
Year Built 1962
Year Renovated 2025
Stories 2
Acreage 1.290
Zoning Municipal
Entry Motel Opportunity | 25 Units | Solid Upside Potential
Marketing description
- CLICK HERE TO VIEW THE PROPERTY WEBSITE AND DEAL ROOM
- Price Reduced: $725,000
- 25 Units + Owner/Manager Living Quarters – Ideal for first-time or owner-operator buyers
- Prime Location – Across from Lake Decatur and Devon Amphitheater, a major regional events and concerts venue
- Untapped Revenue Opportunity – Currently operates on walk-ins only; no online booking or OTA exposure
- Strong Demand Drivers – Consistent traffic from lake visitors, event attendees, and local contractors
- Room Size: ~350 sq. ft. (larger than typical economy rooms)
- Solid Construction – Built in 1962 with durable brick exterior
- Recent Roof Improvements (March 2026) – Recently completed, reducing near-term capital needs.
- Value-Add Potential – Opportunity to increase ADR, implement online marketing, and capture untapped demand
Listing Contacts
Listed by T S Hotel Advisors, Inc.
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