Great opportunity to purchase a longstanding profitable motel. That offers both short-term accommodations and long-term tenancies. Short-term rates of $50 per night for a single room and $60 for a double, as well as weekly rates of $300 and $350 respectively. Also available for monthly and longer-term rentals!
Features a single-story building with a total of 11 units divided into 5 single rooms, 5 double rooms and a spacious 2-bedroom apartment complete with bathroom, living room and kitchen. The apartment is ideal for an onsite owner or manager. The facility also includes a small office area. Plus, the motel boasts an extensive parking area and a grassy space behind the building, ideal for guest relaxation.
Well established motel for over 40 years. Independent – no royalty, advertising or transfer fees. Family owned and operated. This is an excellent chance for someone ready to take this longstanding establishment to new heights, building on its legacy and exploring new avenues for success.
Prime retail space in a freestanding building in the heart of Rochelle. Adjacent Meyers Furniture & Flooring. On Powers Rd (I-39 ALT) by Scott Ave/E Twombly Rd. Near the Route 38 (I-39 ALT) and I-39 interchange. And close to Lincoln Elementary School, Rochelle Township High School and Rochelle Community Hospital!
Asking $399,000