Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1942
Sq.Footage
N/A
Dynamite Opportunity in the Heart of Ashland! *Offered for $949,000 all cash, or $995,000 owner-financed*. Own a charming & popular Ashland hospitality business w/long-standing, repeat clientele & solid net operating income (8+% cap rate). The historic Manor Motel & Auto-Court features 12 Calif-style bungalows (1-2 BRs ea, 7 w/full kitchens, 7 garages, 1 apt suite w pvt backyard) plus a 3BR Owner's or Mgr's residence (or as add'l guest lodging/rental income). Sited on .46 acre w/lovely mature landscaping & a tree-canopied courtyard w/outdoor picnic area, this charming hideaway is just a few blocks from Ashland's famed Plaza, restaurants, theatres, galleries, shops & Lithia Park. (Arch. plans avail. for possible expansion/remodel). Refinished/refurbished Jan-May 2015. *Seller will finance 3-5 years at 5%/yr w/$600K down + verification of buyer's financial qualifications. Under current family ownership for over 20 yrs, owner retiring. By Appt only: Barbara Argento,541-621-5393
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Electric, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.46
-
Property Type
Commercial Sale
Price
-
Sales Price
$995,000
-
Tax Amount
6114.64
-
Zoning
E-1
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Jackson
Elementary School
Middle School
High School
Listing Courtesy of Barbara Argento , Windermere Van Vleet & Associates
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