All Seasons Motel 22192 US Hwy 271 10 Room Hotel Spiro, OK 74959 $899,000 ($89,900/Room) 15.00% Cap Rate

Description
This exceptional 5-acre property presents a unique investment opportunity,
Discover a unique opportunity with,
* 11 cozy motel rooms,
*18 spacious RV pads,
*11 comfortable mobile homes, and
*two extra rental units, accommodating a total of 42 tenants. Embrace a vibrant community and enjoy quality living options all in one place!
This property can potentially add 10 more mobile homes to maximize revenue. Currently underperforming due to absentee ownership, it is waiting for an enthusiastic owner to unlock its full potential.

Equipped with a lagoon sewage system, which the owner maintains, this property requires some maintenance and upgrades, making it a perfect project for the right buyer. You can elevate the property’s value and operational efficiency with minimal effort.

This is an ideal chance for first-time owners or seasoned investors looking to capitalize on a promising venture. The motivated seller is open to offering seller financing with a 25-30% down payment over a 3-5 year term. Monthly rental income could soar up to $24,000, allowing the new owner to net between $12,000 and $16,000 after expenses.

Don’t miss out on this incredible opportunity! For inquiries or further information, contact the Vip Commercial Team at 407-453–3415 or email us at vipcommercialteamfl@gmail.com or go to the website at vippropertywholesaler.com
Investment Highlights
This is a prime opportunity for business expansion with solid cash flow!
- Enjoy an impressive 15.5% CAP rate.
- Immediate occupancy is guaranteed.
- Seller financing is available for qualified buyers.
- The seller is highly motivated to close the deal.
- Secure ownership of a 5-acre property with just a small down payment.
- Benefit from minimal maintenance expenses.
Don’t miss out on this incredible investment opportunity!