Motel Mingle Forums Motel Valuations How do we value a Motel Freehold? Reply To: How do we value a Motel Freehold?

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MVM

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    Hi,

    We own a leasehold and are interested in purchasing the freehold. How would we work out the value of the freehold?
    We asked the owners and they said the rule of thumb is 11 to 12 times the annual rent? Does this sound correct? If so, the owners would make a fortune off this property from what they bought it for.

    Advice would be appreciated.