- Confidential
-
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$4,300,000
,
- Commercial
- EXCLUSIVE
- Description:
- 49 ROOM FRANCHISE HOTEL FOR SALE. Land size 1acre approx. 2 storey heights. Built in 1979. Renovation cost $500k approx 2020-2022 bathroom, tiles, roof and more. No PIP currently. Fee simple. Current owner since 2015, and is not involved in the business. Operated by a manager, non-unionized, # of employees 8-15. License Agreement with Travelodge, remain 11 years approx. 2023 SALE $1,061k. CAP Rate 8.8% on $4.3m. QUALIFIED BUYER ONLY, NDA & BUYER'S FINANCIAL VERIFICATION REQUIRED.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.
Sutton Group - 1st West Realty
#118-3030 Lincoln Ave, Coquitlam BC
604-942-7211
#118-3030 Lincoln Ave, Coquitlam BC
604-942-7211
Full Site