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Investment Highlights
- 37 uniquely themed rooms
- Established motel with strong name recognition in the area
- Comfortable and inviting atmosphere
- Centrally located with easy access to highways and local attractions.
Executive Summary
This historic motel features 37 uniquely themed rooms, suites, and apartments nestled across 4 beautiful acres, with every room furnished in a tasteful and elegant manner that creates a memorable guest experience and continues the long standing 5 star tradition of Rainbow Courts. The property also features a beautiful, expansive garden that serves as an ideal setting for weddings, reunions, and other special events, offering a unique amenity that can attract guests and create additional revenue opportunities. The motel is a turnkey operation ready for a new owner to step in and continue its legacy. The current owners live on property in an adorable 2BR/2BA home that adjoins the front office area, featuring hardwood floors, top of the line appliances, a family room, a glassed rear entryway, and an inviting, comfortable atmosphere. This residential area could continue to serve as an owner’s residence, be converted into additional lodging for guests, or be transformed into an on site restaurant or community gathering space. Don’t miss this once in a lifetime opportunity to own a truly special hospitality property.
Property Facts
| Sale Type | Investment | No. Rooms | 38 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1918 |
| Building Class | C | Corridor | Exterior |
| Lot Size | 4.23 AC | Opportunity Zone |
Yes
|
| Building Size | 15,000 SF | ||
| Zoning | C - Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.23 AC |
| Building Size | 15,000 SF |
| No. Rooms | 38 |
| No. Stories | 1 |
| Year Built | 1918 |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 15 | $173.09 CAD | - |
| Guest Room | 23 | $98.91 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,979,654 CAD | |
| Land Assessment | $563,321 CAD | Total Assessment | $3,542,975 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$563,321 CAD
Improvements Assessment
$2,979,654 CAD
Total Assessment
$3,542,975 CAD
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Rainbow Courts Motel | 915 E Cameron Ave
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