100-Room Limited Service Hotel
Description
This 100-room limited service hotel was built in 2015, is in very good condition, and has complimenting amenities including waterslide pool, lounge, fitness room, business centre, and meeting rooms.
There is an opportunity to change the branding of the property, which may support enhanced demand, given it's prime location to a major highway.
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:
2023
Revenue: $2,640,000
NOI: $785,000
2022
Revenue: $1,980,000
2021
Revenue: $1,730,000
Real Estate
Site Area: 1.96 acres
Property is serviced with town sewer and water.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
Financials (USD)
Asking Price $7,425,035
Cash Flow $567,541
Sales $1,908,675
Converted From CAD
Exchange Rate $0.72
Deal Terms
Represented by broker? Available On Request
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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