The Silver Bell Motel is now available for purchase. This property has not been on the market for 28 years! Why? Because she might not be much to look at but she’s an earner!
No vacancy is expected until November. The property consists of 14 rooms plus a 1200 SF manager’s apartment. Weekly room rates range from $220 to $250.
The sellers are operating the property on a very part-time basis and still the location is massively successful. It’s estimated that a dedicated, hardworking operator should expect $100,000+ per year in revenue.
The building was originally designed with 22 rooms. An accident years ago resulted in 8 rooms being razed. The buyer may be able to rebuild these rooms for additional revenue.
A 10% down SBA loan may also be an option for qualified buyers. (Contact Beau for more information)
- Sale or Lease: For Sale
- Price: 399000
- Phone Number: 414-324-4938
- Space (s.f.): 13000