Motel Valuation Guide

What's Your Motel Worth in New Jersey?

Real 2026 valuation guidance, why occupancy and RevPAR are the numbers that matter, and how to get a free, confidential valuation.

2026 Valuation Benchmark

What NJ Motels Are Actually Selling For

The industry rule of thumb for motels is 3x to 6x annual gross revenue. Because a motel combines a real estate asset with an operating business, buyers weigh occupancy, average daily rate, and property condition together to land within this wide range.

Low Occupancy/Dated Property
3x – 4x Gross Revenue
Declining occupancy, deferred maintenance
Typical Range
3x – 6x Gross Revenue
Industry rule of thumb
Strong Occupancy/Location
5x – 6x+ Gross Revenue
High RevPAR, well-maintained, prime location

These figures are industry rules of thumb, not appraisals — your actual valuation could land higher or lower than shown above depending on your specific occupancy, condition, and location.

What Buyers Pay a Premium For

Key Value Drivers

Buyers Pay More When You Have:

What Drags Your Value Down

Common Value Killers

Declining Occupancy

A downward occupancy trend signals future revenue risk that buyers price directly into a lower offer.

Deferred Maintenance

An outdated property compared to nearby competitors becomes a significant capital expense for a buyer.

Single Booking Channel

Heavy reliance on one OTA for reservations creates real risk if commission terms or algorithm placement change.

Common Questions

Motel Sale FAQ

How much is my motel worth?

The industry rule of thumb is 3x to 6x annual gross revenue, depending heavily on occupancy rates, location, and property condition.

Why is it valued as a multiple of revenue?

Motels combine a real estate asset with an operating business, so buyers use a revenue multiple that reflects both together, alongside more detailed income analysis for larger deals.

Does occupancy rate affect value?

Yes, significantly. Occupancy and average daily rate together determine RevPAR, the core metric buyers use to compare properties.

What hurts value the most?

Declining occupancy, deferred maintenance, an outdated property, and heavy reliance on a single booking channel are the most common reasons a motel sells below its potential.

Get Your Free, Confidential Motel Valuation

I'll review your occupancy, RevPAR, and property condition to give you a real valuation range — no cost, no obligation.

Get My Free Valuation Contact Anthony Manzione