Motel and Manager's Apartment for Sale in Butler, AL

This listing presents a well-established motel and manager's apartment located in Butler, Alabama. The property features 20 rentable rooms, each equipped with new A/C units and new 40' LED flat-screen TVs, alongside a spacious 4-bedroom manager's apartment. Situated on one acre of land, the motel benefits from a strategic location, being only 20 minutes from a large Georgia Pacific plant employing 2500 people, and minutes from a major gas company and power plant. The area also attracts customers for hunting. The business boasts a strong financial profile with current yearly revenue of $110,000, fixed expenses of $35,000, and a seller's take-home of $75,000, resulting in an exceptionally high Cap Rate of 19%. This offering is highlighted as a great opportunity for early retirement, with the seller operating the business single-handedly. The asking price for the business and property is $399,000.