Listed by Keystone Commercial Real Estate
$2,950,000
Suez Motel
Details
Property Type Hospitality
Sub Type Motel
Square Footage 18,780
Beds 64
Price per SqFt $157
Buildings 4
Stories 2
Acreage 0.640
64 Unit Motel and 3 Residential Homes On-Site
Marketing description
This offering presents a compelling opportunity to acquire a 64-unit, twostorey motel totaling 18,780 square feet, situated on a 0.64-acre site. The property is complemented by three on-site residential homes, providing additional income potential or ideal accommodation for an owneroperator and staff. The asset offers diversified revenue streams through both short-term motel operations and long-term residential tenancies, making it well-suited for investors seeking stable cash flow with upside. With its efficient layout and scale, the property presents significant value-add potential through renovations, operational improvements, or repositioning, while maintaining strong fundamentals as a hospitality investment.
Investment highlights
- 64-Unit two-story motel totaling 18,780 SF
- Motel built in 1959
- Includes 3 on-site residential homes, offering supplementary rental income or ideal owner/operator accommodation
- Diversified income from short-term motel operations and long-term residential tenancies
- On-site parking for guests and residents
Listing Contacts
Listed by Keystone Commercial Real Estate
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