Remarks

This beautiful 12-unit Motel has it all; stunning views of Lake Francis, updated units, great rental history, convenient location off of Route 3, deeded access to nearby snowmobile and ATV trails, and there is even a propane filling station for some added income. There are 11 spacious two-bedroom units and one cozy studio, each unit equipped with full sized kitchens and a 3/4 bath. Your guests can relax and enjoy a nice cup of coffee on the back deck while watching the sunrise over the lake. There's plenty of room for guests to park, even during snowmobile season with trailers. Equipped with a generator for storm-proof reliability, guests can rest assured of uninterrupted comfort during inclement weather. Don't miss out on this unique, and rare investment opportunity! This motel could be converted into apartments- an ideal option if you're looking for something a little more sustainable and low maintenance investment to be able to manage remotely. A great opportunity for those who are seeking steady income. The numerous updates throughout the last couple of years means this property is move in ready with little to no work needed; updated flooring throughout, kitchens, bathroom vanities, hot water heater, furniture and more. Whether you're looking for a turnkey investment or an easy conversion opportunity, this motel is primed for its next chapter!

Details

MLS#: 4993060
Price: $850,000

Year Built: 1987

County: Coos
Lot Size: 206474
Tax Fee: 8000