Easy to run 20 unit Motel, currently operated by husband and wife with some part time help. Property is located in close proximity to major thoroughfare, as well as surrounding amenities that support demand.
Fiscal Year End is March 31.
2018 - $180,000. Total Seller's Discretionary Earnings are approximately $60k
It is expected the buyer will have not less than $180k available for a down payment, closing costs, and operating costs.
All information declared in this advert is in Canadian Currency.
Located on 4 acres of land and serviced with municipal sewer and water.
There have been over $100k in improvements the last 3 years, including the furnace, paving, upgraded 4 rooms completely, 4 rooms to hardwood flooring, changed carpet in 4 rooms, 9 rooms mattresses and bed frames from double to queen, all new flat screen TVs, paint, and more.
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