20 Units Quality Motel 1100' Riverfront Seguin
Location Ontario,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $250000
Net Profit / Cash Flow $175000
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 20 units high quality motel on 3 acres 1100' riverfront in Parry Sound
20 units high quality motel with 3 bdrm owner`s residence on point with 1100` on Boyne river with gorgeous waterfall running into Georgian Bay, 3 acres of land, 317 ft frontage on Oastler Park Dr (formerly hwy 69) 5 min south of Parry Sound. Some units have kitchenettes or full kitchens. Outdoor barbecues available for all units. Satellite and cable TV. Accommodation weekly and monthly year round. Nightly, affordable mid range to luxury rooms. Oversized septic system installed at cost of $160k. Water is drawn from the river (spring fed) with chlorination and UV-light system. Full high basement. Electric and propane gas heating. Detached 2 car garage. New roofs, floors, front yard gravelled in 2009. River nature walkway. Seguin Trail is across the road. Excellent cash flow.
0.15 acre lot next door fronting approx 500` on the river and 66` on the road is also for sale for $80,000
Property taxes $4,000. Asking $699,000 REDUCED AGAIN
Also, for sale 4 residential lots each 4 acres fronting 200' on Seguin River in Parry Sound. Asking $99,000 each ... please inquire for more info
Thank you.
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
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