816 Adams St, Golconda, IL 62938

This exceptional investment opportunity presents a 12-unit motel situated in Golconda, Illinois, at 816 Adams St, zip code 62938. Built in 1989, the property consists of two buildings and offers ample parking for 25 vehicles. The motel includes all fixtures and furnishings, making it a turnkey operation. A significant advantage is the inclusion of a separate manager's apartment, providing convenient on-site management. Further enhancing the property's utility is a shed, ideal for storing equipment related to maintenance and groundskeeping. The motel benefits from its strategic location on the Ohio River, a prime area for hunting, fishing, and recreation. The proximity to annual festivals, including deer, shrimp, and BBQ events, ensures a consistent stream of overnight tourists. The asking price for this well-maintained and established business is $199,900. This presents a rare chance to acquire a profitable hospitality business in a desirable location with significant potential for growth. The property's features, combined with its location in a popular recreational area, make it an attractive investment for those seeking a strong return on investment in the hospitality sector. Don't miss this chance to own a thriving motel business.