Great Opportunity Motel Partnership In Ontario Canada For Sale

Business description

Sale Price $500,000 CAD for the Motel PLUS 3500 square feet Residence over looking the lake.
Sale Price $350,000 CAD for 15000 square feet semi commercial property.Or rent @ $3,000 CAD per month
(Financing Available) with 25-30% downpayment. http://www.viviun.com/AD-135679/

This is three in ONE sale. First is a 16 fully renovated average 250 square feet, motel rooms with sauna, pool room, whirl pool, full basement, triple heating system, all rooms with two double beds, fridge, cable TV, local and long distance fully computerized call accounting system. Some rooms are with kitchen facilities.

We use REZSTREAM hotel management system and has over 11 years history of the guests with over 500 thousand contacts.
Property sits on the lake; most of the rooms have lake view, interior corridor and built like a fort.
This property is concrete construction with beautiful exterior brick finish. Adjacent extra land included in the price. Plans are ready for extension of twelve more units.
The property is on major Downtown Street across from the city hall, fire department and banks.
Huge parking available for trucks and other transportation for winter snowmobiling guests, who stay with us and travel to other destinations.

SECOND property is a furnished, 3500 square feet 4 bedroom, two full bath rooms, a gas fire place and a deck on the lake and open concept kitchen.
The residence is attached to the Motel and is across the parking lot from the third semi commercial property.

THIRD property is 100 feet by 100 feet commercial concrete construction building on the lake on one side and major town street on the other.
On the main floor we have 250 seats restaurant in business for over 40 years, 200 seats bar/lounge and 600 capacity banquet hall.
On the second floor we have 10 rental apartments on 30% of the building with exterior balconies on all of those units. This property is walking distance from the lumber mill.

The property sits on the magpie lake and walking distance from beautiful green lake with high end chalets owned by US and Canadians. Thirty minutes drive to a major gold mine in operation. All around snow mobile trails and four wheels trails. The town sits at the cross roads of over 1500 miles of beautiful snowmobiling trails, major fishing, bear hunting and moose hunting areas few minutes drive time.

Average yearly sales over the last 10 years for the motel are $200,000/year.
Average revenue from the restaurant has been $800,000/year.
Average rental value from the long term rental units has been over $5500.00/month.

Over 10 years ago much higher price was paid for these properties by the vendor. Vendor would like to sell as a fast sale due to family problems. Vendor will assist is arranging the financing and can also sell Motel/Residence and Semi Commercial property separately.

All three can be sold for $850,000 firm and Motel/Residence alone at $500,000 and Semi Commercial over 15000 square Feet, detached property on the lake with 10 very large long term rental units on the second floor for only $350,000 firm.
In some parts of the country we have 2500 square feet cottage for that price.
Huge potential reward and return in the future for the right purchaser.

Please feel free to contact below for any further questions.

Property information

Real Estate:

Real Property Included

Size in square feet:

30,000 square feet

Other information

Reasons for selling:

Death in the family

Owner financing:

Owner financing is available. Please contact the seller for more information.

Inventory / Stock value:

$10,000

Website:

www.dubreuilville.com