5709 Crain Highway, Upper Marlboro, MD
Motel for Sale - $18,000,000 - 5,490 Sq. Ft. on 9.3 acres
Property Info
CIMLS# | 742483 |
Location 5709 Crain Highway Upper Marlboro MD 20772 | |
Updated | September 3rd, 2014 |
Type | Motel |
Price | $18,000,000 |
Building | 5,490 Sq. Ft. |
Land | 9.3 acres |
Property Description
All 12 rooms are efficiency rooms with full bath, shower, tile flooring in bath carpet in rooms, TV, furniture and cable ready, washing room on main floor, vending machines. Motel recenty remodeled within the last 5 years, Near Pennsylvania Avenue, and off of 301. Tenant occupied 9 years remaining on lease with ROR of $100k annual. Eat in Restuarant with 15 tables is also on premises. Call for details or questions.
Financials
Tenant pays for all utilities, liability insurance, and general maintenance on the property. As well as tenant pays the utilties, water, electric, gas, sewer, etc.