13 bedroom house for sale

Overview

MOTIVATED SELLER, seller financing available. Discover the extraordinary Hacienda Motel, a wise investment choice with immense returns. This remarkable property features 13 rooms, with 7 already refurbished. The ongoing renovations extend to the exterior and the kitchen/common area, ensuring an impressive overall upgrade. Designed to serve as transitional housing for organizations like the Department of Corrections (DOC), HARPS, Goodwill, and QBH housing, the Hacienda Motel presents a unique opportunity. Each room accommodates two beds, generating a monthly rent of $700 per bed, resulting in a potential revenue of $1, 400 per room. Fully operational, this exceptional property can generate an impressive annual gross income of $218k. With operating expenses around $36, 000 annually, substantial profits and a robust cash flow are within reach. Maximizing room occupancy is key to unlocking its full potential. There is always substantial demand for this housing solution. Call today for further details!