Tupelo Data Room
Hotels, Motels
Active

Owner-Operator Dream: VT Motel + Restaurant + Dev. Land + Bonus Home

Bradford, Vermont, United States
listing image
Asking Price$4.30m
Revenue-
EBITDA-
Cash Flow$443k
Description
Profitable Motel Portfolio with 200-Unit Development Upside This is a rare opportunity to buy two cash-flowing properties with one of the best development upsides in the Upper Valley, minutes from Dartmouth College and Hospital. Property 1: 19-Unit Motel (Price: $3.7M) • The Business: 19 turnkey units (studios w/ kitchenettes) plus a 3-bed owner's apartment and 1-bed manager's apartment. • The Sizzle (Upside): The property is connected to town sewer and water with certified capacity for a 200-unit hotel or 100-unit apartment complex. • Immediate Growth: Includes approved architectural plans for a 25-unit expansion. • Bonus Income: A fully equipped restaurant (currently closed) is ready for an easy re-launch. Property 2: Luxury Duplex Home (Price: $1.3M) • The Home: A 3-bed, 2.5-bath luxury owner's unit with high-end finishes, sunroom, and mountain views. • The Income: A separate 5-bedroom rental unit, perfect for hospital staff (only 7 mins to Dartmouth Hitchcock). • The Location: Prime Norwich, VT address, 5 mins from Dartmouth College. The Offering • Package Price: $4.3M • Flexibility: Properties can be purchased separately. • Confidential Sale: An NDA is required for full financials and location details.
Real Estate
$1.20mIncluded in Asking Price
Building Size: 148104 sq. ft.
Furniture Fixtures & Equipment
$100k
Inventory
$10kIncluded in Asking Price
Business is
Absentee Owner
Number of EmployeesFull-Time: 5
Year Established
2001
Reason Selling
Retiring and Moving
Support & Training
The current owner is willing to provide support and training to the new buyer to ensure a smooth transition.
Market & Competition
The motel is in a high-visibility location is miles from Dartmouth College and Hanover, N.H.. Demand drivers include tourism (Green Mountains, fall foliage) and local alternative/weekly housing needs. The area is reportedly experiencing commercial growth, and there is high demand for apartments in Vermont. Competition: The property is flanked by commercial businesses, including a newly built Family Dollar. A new entertainment and restaurant complex has been approved for construction on a recently purchased property directly across the street.
Growth Opportunities
Property Development: The motel property is connected to town sewer and water, with a main line certified to support a 200-unit hotel or 100-unit apartment complex. Approved Plans: Designs for a 25-studio apartment building are already in place. Revenue Reactivation: The complex includes a fully-equipped restaurant and bar (currently closed) that can be reopened for an immediate new income stream.
Financing Options
Seller financing is available.Negotiable
Asking Price$4.30m