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Browse More Listings in Hotel & Motel For Sale, Barre, VT or Vermont

Hotel / Motel For Sale

Near Downtown- Inn

573 N Main Street, Barre, VT 05641

Price:
$995,000
No. Rooms:
24
Building Size:
9,000 SF
Price/Room:
$41,458.33
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
No. Stories:
2
Find Out More...

Last Verified 10/12/2009 Listing ID 14997134

Highlights

Good for owner operator
Steady income over years
Retirement Bed and Breakfast motel

Use family members /provide jobs

Description

Recently renovated and upgraded with over $200,000 in expenditure. Great for a owner operator with 24 rooms exterior corridor motel, 2 apartments and 2 bedroom manager's quarters. Variety of room types, King, Double-Double rooms with shower/bath , Color cable TV's, phones, fully furnished, Still ongoing updates in rooms!! Buy before Season starts

I-89 to Rt.62 East to Downtown Barre, Property on Street

Financial Summary

Room Mix Information

Debt & Equity Information

Proforma
Year
2009
Scheduled Gross Income
$230,000
Effective Gross Income
$230,000
Operating Expenses
$115,000
Net Operating Income
$115,000

Description	No. Rooms
2 Double Beds	13
King Bed Room	2
1 Queen Bed	8
1 Doulbe Bed	1

Map of 573 N Main Street, Barre, VT 05641 (Washington County)

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Created 2/11/2007

Additional Information for 573 N Main Street, Barre, VT 05641

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Near Downtown- Inn

573 N Main Street, Barre, VT, 05641