Discover an incredible opportunity to own a beautifully remodeled 17-room motel, proudly rated #1 in town! This thriving property is perfectly situated in the heart of downtown, and has a stellar reputation. The Evergreen boasts a strong customer base and excellent online reviews. The property features well-maintained gardens enhancing its curb appeal and creating a relaxing environment for guests. Located within walking distance to major amenities, including restaurants, shops, and entertainment, ensuring a steady flow of guests. With a robust reputation and prime location, this is an incredible investment opportunity. The Evergreen is not just a place to stay—it's a thriving business with excellent growth potential. The cap rate is 7%. There is an additional opportunity; the option to buy the house next door which is perfect for an owner-occupied residence or staff accommodation. Please inquire for more details.
Property Features
Heating Information
Baseboard
Electric
Wall Furnace
Utilities
Cable Available
Electricity Available
Electricity Connected
Basement
Crawl Space
Unfinished
Concrete
Cooling Information
Wall Unit(s)
Water Features
Public
House Interior
High Speed Internet
Listing Courtesy: CENTURY 21 Summit Realty - 406-293-5107