5107 Centre St - Hospitality FOR SALE


Niagara Falls, ON L2G 3P1
$4,900,000 CAD
905-822-6900

NO PHOTO

$4,900,000 CAD
Hospitality - FOR SALE
null | 6.12% Cap Rate

5107 Centre St
Niagara Falls, ON L2G 3P1


HIGHLIGHTS

  • Outdoor Swimming Pool, Updated Interior And Equipment. All Rooms Air Conditioned And Full Bath.

OVERVIEW

This Turn-Key Motel Operation Located In The Most Busiest Area Victoria & Centre St At Clifton Hill Steps To Casino, Tourist And Niagara Eye. The Motel Is Currently Operating 28 Rooms + 4 Rooms In Attached House For Owner. Outdoor Swimming Pool, Updated Interior And Equipment. All Rooms Air Conditioned And Full Bath. EXTRAS All Financial Information Is Available Upon Request. N.O.I (Net Operating Income): $approx $300K Good Income.

FOR SALE DETAILS

PRICE

$4,900,000 CAD

PRICE/SF

$490 CAD /SF

# OF ROOMS

28

PRICE/ROOM

$175,000 {currency}

CAP RATE

6.12%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oasis Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

TC

APN/PARCEL ID

272503000405100

ASK ABOUT THIS PROPERTY

Manuel ChoiRoyal LePage Real Estate Services LtdMore Info
905-822-6900

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Manuel ChoiRoyal LePage Real Estate Services LtdMore Info
905-822-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.