Bay of Islands Motel, New 30-Year Lease

Bay of Islands Motel, New 30-Year Lease — Hospitality & Tourism · Bay of Islands · Asking $1,200,000

29-unit motel in the Bay of Islands, Northland's top performer in its room-count bracket Strong year-round occupancy and guest reviews Mix of domestic, international, tour-group and corporate guests New 30-year lease on offer with a fair rental

DealProspect/Listings/Hospitality & Tourism

Bay of Islands Motel, New 30-Year Lease

Motel

ActiveHospitality & TourismNorthlandB2C

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Asking price

$1,200,000

Disclosed · NZD

Revenue (est.)

~$843,763

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

Earnings (est.)

~$315,201

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

Typical multiple

~3.8×

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

Brief

29-unit motel in the Bay of Islands, Northland's top performer in its room-count bracket
Strong year-round occupancy and guest reviews
Mix of domestic, international, tour-group and corporate guests
New 30-year lease on offer with a fair rental

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