75 Room Limited Service Franchised Hotel For Sale

Offer description, location and category: Popular franchised hotel located in a major city centre that has a 10+ year history of doing 60% occupancy. This hotel is in very good condition and a buyer will confirm there are no major CapEx requirements for the near future, normalized reserves should be expected. Last 4 years over $2M in revenues. NOI of $710k. 2013 - $2,110,712 2014 - $2,105,765 2015- $2,176,095 2016 - $2,073,738 Situated on 1.29 acres, serviced by city water and sewer, originally built in 1997, additional rooms added i | Listed for sale in Manitoba | Type of business: hotel

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