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811 S Mulberry Ave
Butler, AL 36904
Motel and Manager's Apartment · Hospitality Property For Sale
·
8,955 SF

Investment Highlights
- Motel and Manager's Apartment in Butler, AL! Great Opportunity for Early Retirement!
- Rentable Rooms: 20 (not including the manager's apartment!) New A/C Units! New 40 LED Flat Screen TV’s! Nice Living Quarters 4 With large Living Spa
- Manager's apartment includes 4 bedrooms and a large living room area!
Property Facts
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1949/2020 |
| Building Class | C | Parking Ratio | 3.44/1,000 SF |
| Lot Size | 0.97 AC | Corridor | Exterior |
| Building Size | 8,955 SF | ||
| Zoning | C-2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.97 AC |
| Building Size | 8,955 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1949/2020 |
| Parking Ratio | 3.44/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 |
Amenities
- Public Access Wifi
About 811 S MULBERRY AVE , BUTLER, AL 36904
Motel and Manager's Apartment in Butler, AL! Great Opportunity for Early Retirement! Manager's apartment includes 4 bedrooms and a large living room area! Rentable Rooms: 20 (not including the manager's apartment!) New A/C Units! New 40 LED Flat Screen TV’s! Nice Living Quarters 4 With large Living Space All 20 rooms are fully booked for two months a year when the Georgia Pacific plant shuts down for cleaning every year! Motel currently charges $250 plus tax / weekly or $49 plus tax / daily for King size rooms and $360 plus tax / weekly or $59 plus tax / daily for Double Bed rooms! There are 9 rooms that are Double Beds and 11 are King Size! Includes one acre of land! Property includes 20 rooms with new A/C units and new 40' LED Flat Screen TVs! 20 minutes from a Georgia Pacific manufacturing plant employing 2500 people, minutes from a major gas company and a power plant! The traffic count is 5230! There are a lot of customers that visit for hunting! Only 45 minutes from Meridian, MS! Current yearly revenue is $110,000 with fixed expenses of $35,000. Seller is taking home $75,000! Seller is currently operating the Property single-handedly with no employees. Cap Rate is extremely high at 19%! Asking Price for the Business and Property only $399,000! Pay less than the price of a House for an Income Producing Property! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Property Taxes
| Parcel Number | 1304193002007001 | Improvements Assessment | $14,921 |
| Land Assessment | $1,306 | Total Assessment | $16,227 |
Property Taxes
Listing ID: 29308450
Date on Market: 8/18/2023
Last Updated:
Address: 811 S Mulberry Ave, Butler, AL 36904
