Motel, Central Rotorua

Motel, Central Rotorua — Hospitality & Tourism · Rotorua · Asking $369,000

A motel in the heart of Rotorua's main street, with a mix of studio and two-bedroom units capable of hosting 45 to 50 guests. Recently refurbished to a high standard, with all units modernised and requiring very little maintenance. Spacious owner's accommodation with three bedrooms, a living area, kitchen and bathroom. Can be either owner-operated or managed, with both options delivering returns.…

DealProspect/Listings/Hospitality & Tourism

Motel, Central Rotorua

Motel

ActiveHospitality & TourismBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

$369,000

Disclosed · NZD

Revenue (est.)

~$296,100

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$99,913

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~3.7×

comparable listings of this type and size · typically within ±25%

Brief

A motel in the heart of Rotorua's main street, with a mix of studio and two-bedroom units capable of hosting 45 to 50 guests.
Recently refurbished to a high standard, with all units modernised and requiring very little maintenance.
Spacious owner's accommodation with three bedrooms, a living area, kitchen and bathroom.
Can be either owner-operated or managed, with both options delivering returns.
Vendor is highly motivated to sell.

Motels in Bay of Plenty

Motels for sale in Bay of Plenty (11) →

Listed

+1 in 30 days

Median asking

$600K

9 priced

Earnings multiple

3.2×

15 listings

Price drops

in 30 days

Asking price spread9 of 11 state a price

This listing · $369K

44%

11%

22%

11%

$250K–$500KOver $5M

New Zealand 83 · Canterbury 9 · Waikato 9 · Northland 8

Takeaways 8

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