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Georgia Motel For Sale


Address: 149 W Thigpen Ave
Lakeland, GA 31635
Units: 12
Asking Price: $260,000.00

Other Features or Comments about the Hotel / Motel / Bed & Breakfast for Sale:

Incredible investment. 36,000 gal salt pool. New salt inkector with pump. Customers come and stay in the summer just to swim. This is a high income generating property and business for sale. Transient license is in place!!! Fully functional, well maintained 12-unit motel with exterior corridors. Combination of nightly and weekly rentals. Nightly rates are $45/night and weekly rates are $210/week. 90% occupancy on average. The property features an owner/manager living quarters with full bath, laundry, kitchen and private entrance. Strong cash flow and fully equipment, ready for new management/owners. All the rooms come with a cable TV, wireless internet, refrigerator, microwave and coffee maker. 4 rooms has been converted to extend stay rooms with kitchenette and family room. Repeat clients and a high occupancy rate make this a perfect find with great cash flow. This property has excellent access and visibility, located directly across the street from the hospital and nursing home. Lakeland is near Valdosta, Moody AFB, Valdosta State University and Banks Lake. This is the only motel in 20 mile radius. On-site manager in place. No deferred maintenance is needed currently. Perfect for an out-of-state investor.

Seller Information

Contact Name: Victoria Copeland
Phone Number:

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Last Revised:  February 19, 2019

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