Description
ONLINE BIDDING ENDS APRIL 11th at 1:00 p.m. ET. List price is starting bid. CASH SALE! Early offers presented. 2021 Gross Income $436K. Motel vacant since June, 2022. Last permitted for 70+ Rooms, up to 85 available. Close to I-95 and I-85, 10 min from Fort Lee. Rehab or Redevelop 1.3+ acres. 202 ' Road Frontage. Fire damage. City requests repair or demolition. Opportunity - rehab or redevelop. Last permitted for 70 rooms, more available. 2 building motel on 1.3+ acres, with 86 parking spaces. Motel was operational until June, 2022. Average annual daily traffic count 6,500 vehicles. Cigarette fire in room 106 occurred in 2022. City requests structural inspection, has list of repairs to be done.
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0BEDS
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1.4ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
ONLINE BIDDING ENDS APRIL 11th at 1:00 p.m. ET. List price is starting bid. CASH SALE! Early offers presented. 2021 Gross Income $436K. Motel vacant since June, 2022. Last permitted for 70+ Rooms, up to 85 available. Close to I-95 and I-85, 10 min from Fort Lee. Rehab or Redevelop 1.3+ acres. 202 ' Road Frontage. Fire damage. City requests repair or demolition. Opportunity - rehab or redevelop. Last permitted for 70 rooms, more available. 2 building motel on 1.3+ acres, with 86 parking spaces. Motel was operational until June, 2022. Average annual daily traffic count 6,500 vehicles. Cigarette fire in room 106 occurred in 2022. City requests structural inspection, has list of repairs to be done.
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Listing provided by Tranzon Fox Auctions: 804-354-9090. Listing information © 2023 CVRMLS and CBRAR.