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Oasis Motel 5107 Centre St 28 Room Hotel Niagara Falls, ON L2G 3P1 $4,900,000 CAD ($175,000 CAD/Room) 6.12% Cap Rate
INVESTMENT HIGHLIGHTS
- Outdoor Swimming Pool, Updated Interior And Equipment. All Rooms Air Conditioned And Full Bath.
- Prime location steps from Clifton Hill, Casino, and Niagara Eye.
- Turn-key motel with 28 rooms, outdoor pool, and updated interiors.
EXECUTIVE SUMMARY
This Turn-Key Motel Operation Located In The Most Busiest Area Victoria & Centre St At Clifton Hill Steps To Casino, Tourist And Niagara Eye. The Motel Is Currently Operating 28 Rooms + 4 Rooms In Attached House For Owner. Outdoor Swimming Pool, Updated Interior And Equipment. All Rooms Air Conditioned And Full Bath. EXTRAS All Financial Information Is Available Upon Request. N.O.I (Net Operating Income): $approx $300K Good Income.
PROPERTY FACTS
| Price | $4,900,000 CAD | Lot Size | 0.45 AC |
| Price Per Room | $175,000 CAD | Building Size | 10,000 SF |
| Sale Type | Investment | No. Rooms | 28 |
| Cap Rate | 6.12% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1980 |
| Property Subtype | Hotel | Parking Ratio | 1.5/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | TC - commercial | ||
| Price | $4,900,000 CAD |
| Price Per Room | $175,000 CAD |
| Sale Type | Investment |
| Cap Rate | 6.12% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 10,000 SF |
| No. Rooms | 28 |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.5/1,000 SF |
| Corridor | Exterior |
| Zoning | TC - commercial |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 28 | $75.00 CAD | - |
1 1
Walk Score®
Very Walkable (89)
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Oasis Motel | 5107 Centre St
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