Motel, Restaurant, & Houses For Sale
Location Ontario,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $250000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description Price $1,600,000.
Address: 2408 h-wy 11 north, Gravenhurst, ON, Canada
Size of all buildings: over 12,000 sq ft
''Resort'' = unique and great investement business with property in Muskoka on Main Highwy 11 North.
2408 hwy #11 north - just south of Gravenhurst and north of Muskoka store: over 15 acres beautifull lot with several sourcess of income!:
1) motel with 16 units
2) restaurant
3) 2 one-bedroom apartments
4) 6 residential houses
5) large workshop.
Steps to lake & minutes to gravenhurst & multi million dollar properties. $ spent for renovation of: motel, all washerooms, restaurant etc. & houses (all buildings have newer roofs). Five residetial houses currently rented for - aprx $5,500/month. Restaurunt renovated and in ''99%'' ready for final inspection. Start your busines now great opportunity, great potential.
Extras: most chattels & fixtures are included.
Listing agent offers full co-operation.
Email or call George Drotlef at dir: 416 234-0707 or office: 905 812-8123 - Keller Williams Real Estate Associates - for more information on these motel, restaurant, & houses for sale.
Click Here To Contact Seller
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