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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 has 37 uniquely themed rooms, suites & apartments and is nestled on 4 acres! Every room is uniquely furnished in the most tasteful & elegant manner. The Motel is a turnkey operation and ready for a new owner to continue the 5-star tradition of Rainbow Courts. The current owners live on property in a lavish 2BR/2BA home that adjoins the front office area. The home is embellished with hardwood floors, top-of-the-line appliances,
a family room, a glassed rear entryway, and a comfortable and inviting atmosphere. This owner's residential area could continue to be used as an owner's residence or could be converted into additional lodging for guests. It could also be easily converted into an on-property restaurant or community gathering area for guests.
a family room, a glassed rear entryway, and a comfortable and inviting atmosphere. This owner's residential area could continue to be used as an owner's residence or could be converted into additional lodging for guests. It could also be easily converted into an on-property restaurant or community gathering area for guests.
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 | $174.45 CAD | - |
| Guest Room | 23 | $99.68 CAD | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,194,418 CAD | |
| Land Assessment | $96,224 CAD | Total Assessment | $2,290,641 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$96,224 CAD
Improvements Assessment
$2,194,418 CAD
Total Assessment
$2,290,641 CAD
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Rainbow Courts Motel | 915 E Cameron Ave
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