The term Motel was coined and assigned to motor lodge
properties in the mid-twentieth century when the automobile came into its own
as a means of transportation for overnight trips. Previously, lodging had been
mostly relegated to hotels within cities or in places where public
transportation was available. While the term Motel is used less today, we have
many properties that qualify as Motels due to their easy access by automobile
and close by free parking. Twenty first century marketing may refer to these
properties as inns, hotels, or many other names. For the purposes of the
service we offer, we will refer to them here simply as Motels. These properties
are typically appraised as Going Concerns rather than Fee Simple Real Estate,
in much the same way as the Hotel.
Our firm is ready, willing and able to appraise Motels
anywhere in the United States. Our professional network of appraisers has
experience with all types and sizes of Motel Properties.