10-Unit Boutique Motel, Whangarei

10-Unit Boutique Motel, Whangarei — Hospitality & Tourism · Whangarei · Asking $235,000

Ten-unit motel in Whangarei that has been fully refurbished inside and out Low maintenance expected in the near-to-medium term given the recent work Unit mix comprises seven studios, two one-bedroom units and one two-bedroom apartment Owner's accommodation is a separate three-bedroom, two-bathroom home Suits a buyer wanting both a place to live and an income-producing motel

DealProspect/Listings/Hospitality & Tourism

10-Unit Boutique Motel, Whangarei

Motel

ActiveHospitality & TourismNorthlandB2C

Find funding for this deal →View original listing ↗

Asking price

$235,000

Disclosed · NZD

Revenue (est.)

~$188,573

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

Earnings (est.)

~$63,630

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

Ten-unit motel in Whangarei that has been fully refurbished inside and out
Low maintenance expected in the near-to-medium term given the recent work
Unit mix comprises seven studios, two one-bedroom units and one two-bedroom apartment
Owner's accommodation is a separate three-bedroom, two-bathroom home
Suits a buyer wanting both a place to live and an income-producing motel

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