Great investment in the hospitality industry with a high cap rate and option for absentee owner with on-site management. The Hilltop Motel is nestled in the heart of Georgetown with local restaurants, park, shops, saloon and more. The 5,250 square foot motel offers 10 rooms plus large manager suite, office space and laundry room all on nearly an acre. Guest rooms come standard with microwave, refrigerator, wireless internet and furnishings, and several include kitchenettes for extended stays. Recreation lakes are a 30 minute drive up scenic Wentworth Springs Rd. Guests can enjoy the outdoors with hiking, swimming and boating. Or take a tour through gold country in Coloma where the South Fork of the American River offers white water rafting and gold panning. Do not miss this lucrative business opportunity.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2019 MetroList Services, Inc.
Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.
Listing information last updated on October 20th, 2019 at 2:51am PDT.