- Listing ID: 162155
Hotel For Sale Mainland
- $18,000,000 CAD
- For Sale
Property Overview
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- Size:
- Undisclosed
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- Usage:
- A4, C1
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- Sale Type:
- For Sale
-
- Rental Income:
- N/A
-
- Property Type:
- Hotels
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- Yes
-
- Tenanted:
- No
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- Energy Rating:
- N/A
Supporting Documents
General Summary
Yungcho is very proud to introduce this property. Hotel was originally built in 1996 and has recently been completely renovated both inside and out. This prime investment property features 83 rooms, indoor pool, exercise room, meeting room, board room, business center and convenience mart. The on site restaurant is a separate building and is leased to ABC Restaurants Canada on a long term basis. ACTUAL GROSS SALE OVER $1.8 MIL., CAP RATE 6%.