Motel Restaurant 6 Homes 15 Acre Hwy 11 Muskoka
Location Ontario,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $100000
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description 18 units motel, restaurant, 6 rental homes, 2 apts, 15 acres backing into Jevins lake in Muskoka.
Excellent commercial investment opportunity on hwy 11 northbound, 2 km south of Gravenhurst.
Recently renovated restaurant with 75 seats.
A motel with 18 good quality units. 6 newer residential homes , 5 of them are currently rented.
2 apartments, large workshop, 4 garages.
Separate hydro meters. Propane gas heating. 2 water wells never gone dry. Fully engineered septic system.
Excellent highway exposure, high traffic area. Summer brings people from all over the world.
MPAC assessment value for 2012 is $1.2 mln
The owner may hold small 2nd mortgage.
Property taxes are $13,000. Asking $1,299,000 REDUCED AGAIN
Andrew Sobczak
Broker of Record
On Georgian Bay Real Estate Inc.
Real Estate Brokerage
RR2, PO Box 174, Victoria Harbour, ON L0K 2A0
Email or phone 705 543 1341
Click Here To Contact Seller
|
|