Well-Established Inn with 120+ Rooms
Description
This is a rare opportunity to acquire a prestigious 121-room Inn, positioned in a prime location. This property presents a unique investment in the thriving hospitality market, offered confidentially to select, qualified buyers.
High-end finishes, state-of-the-art technology, and elegant furnishings define each space, ensuring a memorable stay for all visitors. Strategically located, the hotel benefits from high visibility and accessibility, attracting both leisure and business travelers. Its proximity to major attractions, business centers, and transportation hubs makes it a preferred choice for visitors to the area.
Discover the potential of this distinguished 121-room Inn, a lucrative investment in a dynamic and growing sector of the hospitality industry.
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 Revenue and Net Operating Income, with October 31 year end:
2022
Revenue: $3,550,000
NOI: $1,220,000
2019
Revenue: $3,590,000
2018
Revenue: $3,600,000
Real Estate
This prominent Inn is situated on a 2.87 acres of land, with fully functioning amenities such as business centre, swimming pool, a restaurant, and function halls.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
Financials (USD)
Asking Price $12,652,202
Cash Flow $882,039
Sales $2,566,589
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
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
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