Newly Refurbished Motel for Sale Rotorua

Description

Business type: motel accommodation business

Location: Rotorua, New Zealand

Current status: established operating business

Site position: Rotorua main street

Accommodation

Guest unit mix: studio and two-bedroom units

Two-bedroom units: majority of accommodation

Guest capacity: approximately 45 to 50

Units: recently refurbished

Refurbishment standard: stated as high

Unit presentation: modern

Maintenance requirements: stated as low

Owner accommodation

Owner residence: onsite

Owner residence bedrooms: 3

Living area: included

Kitchen: included

Bathroom: included

Separate toilet: included

Operations

Owner-managed model: suitable

Professional management model: suitable

Operating flexibility: high

Financial profile

Profitability: reported as profitable

Income stability: stated as strong

Returns under owner management: stated as strong

Returns under professional management: stated as strong

Potential buyers

• Owner-operators
• Existing motel operators
• Accommodation businesses
• Hospitality investors
• Buyers seeking a professionally managed motel