Beautiful 45-Room Inn with 1.5-Acre Vacant Lot
Description
Presenting a distinguished opportunity in the hospitality sector, this 2-story Inn stands as a testament to refined accommodation and excellent service. With 45 well-appointed rooms, this property seamlessly blends comfort with functionality, catering to a diverse clientele ranging from business travelers to vacationing families.
This property is not just an establishment but a well-oiled business entity, offering a turnkey solution for potential investors or operators. It has established a reputation for its high standards of service and guest satisfaction, making it a sound investment in a thriving market.
Explore the potential and prestige of owning this exemplary 2-story Inn, a standout offering in the hospitality real estate market. Contact us now!
The sale is structured as an Asset Sale. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Annual Revenues and Net Operating Income, with December 31 year end:
2023
Revenue: $855,000
NOI: $375,000
2022
Revenue: $855,000
2021
Revenue: $375,000
2020
Revenue: $405,000
Real Estate
This beautiful 2-story inn is situated on 2.95 acres of land (including 1.5 acre vacant lot).
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
Financials (USD)
Asking Price $2,812,403
Cash Flow $271,118
Sales $618,150
Converted From CAD
Exchange Rate $0.72
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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