A rare opportunity to own a well located Motel in affluent Mequon now awaits an operator that's ready to bring this business back to its former glory. This motel has been in the family for a number of years. Due to the age of the operators they have been managing the motel very part time and they are now ready to move on to retirement out of state. Location Description: Located just North of County Line Road on Port Washington Road in Mequon. Traffic counts of 13,800 vehicles per day. Highlights: ■ 16 motel rooms ■ 3 bedroom manager's apartment ■ Ample parking ■ Neighboring businesses lease parking for an additional $600 per month ■ 8 units have kitchenettes which are in demand by long term tenants ■ $50,000 in improvements were completed in 2014 ■ $17,500 in potential revenue each month for the hard working operator ■ High traffic location (13,800 cars per day) ■ Great pole signage on North Port Washington Road ■ Room rates range from $300-$400 per week « show less
A rare opportunity to own a well located Motel in affluent Mequon now awaits an operator that's ready to bring this business back to its former... show more »
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