Business Overview

42 room motel at the busy intersection of Interstate 57 and US Highway 24 at Exit 283 in Gilman. This high traffic count, highly visible location is an activity hub with a Pilot Truck Stop, K&H full service Truck Stop w/Lucy’s Diner, McDonalds, Dairy Queen, Burger King, Denny’s and Monical’s Pizza. Two buildings, a one-story and a 2-story. Lobby with vending machines. Smoking and non-smoking rooms rent nightly and weekly. Pet friendly. Handicap accessible. 3 Jacuzzi rooms. All rooms have a refrigerator, microwave, 32″ LCD TV, and free Wi-Fi. Coin laundry on site. Truck parking. 4K security cameras. On-site manager’s 1 bedroom suite in main building. Additional Manager’s 3 bedroom home also on site. 5.6 acres. Additional land is available.

Financial

Seller Financing Available

  • Asking Price: $1,300,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 2010

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:18,748
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A