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Listing ID: 3026519

3 INVESTMENTS in 1. 20+ room MOTEL, 4-Bedroom Residential [10% CAP!] Home and Student Rental Business For Sale

Niagara Falls, Ontario, Canada

CA$ 1,750,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 350,000

Cash Flow: CA$ 250k to 500k

Business Description

Will go Soon!
Address: 7070 Lundy's Ln, Niagara Falls, ON L2G 1W2
Congradulations! You have been lucky to find this GEM of a Motel Located in Toursit desitation Niagara Falls, Canada. Seller is motivated. Seller wants to sell to build 7-story Hotel in Niagara. This Luxuary Money-maker is 5 km from the Falls - on the well-known Lundy's Lane. The 21 Room Motel counts as a 4-IN-1 INVESTMENT PORTFOLIO as the land includes an additional 7 STUDENT INCOME ROOMS and A 4-Bedroom RESIDENCE that has already been rented out and is generating more income. If you want to purchase this income generating piece of heaven in Niagara. Contact me today.

...

If you'd like more motivation here it is. Asking only 1.75 Million but makes $175,000 in Net Income after expenses [10% CAP]. The Property is a 4-IN-1 INVESTMENT because the motel comes with an established restaurant that pulls in $30,000 in gross revenue. All financials verifiable with 2-Year Financial Statements. Offer will be conditional on '5 DAYS COOLDOWN' so you will have 5 days to change your mind, for additional piece of mind. If you want to purchase this income generating piece of heaven in Niagara.

Please contact us for more information asap.

Property Details

Size:

14,810.4 Sqft.

Years Established:

21 Years

Other Details

Business Location:

Lundy's Lane, Niagara Falls, ON

Operation Details

Employees:

[Turn-key Operation] 2 Managers, 1 Front Desk

Contact this seller

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