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King Hotel 112 King st 33 Room Hotel Palmerston, ON N0G 2P0 $4,298,240 USD ($130,250 USD/Room)
INVESTMENT HIGHLIGHTS
- Just 35 minutes from Kitchener, Stratford, Blyth, Drayton and other attractions.
- Across the Street from LCBO and Tim Hortons
- 20 New room site plan approved.
- 1.5 hours from Toronto Airport and 1 hour from London, Ontario.
- In town hospital, Retirment home, High sachool, New house and apartment construction on going everty year. Growing town new home build every year.
- Property attached with city services.
EXECUTIVE SUMMARY
5 - Luxury Suits with Two Queen Beds & Kitchenette
2 - Luxury King Bedrooms
2 - Luxury Double Queen Bedrooms
11 - Standard Queen Bedrooms
3 - Deluxe King Bedrooms
7 - Spacious Double Queen Bedrooms
2 - Made for Family Kitchenette Rooms
1 - Jacuzzi Queen Bedroom
20- New Room Site plan Approved.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (USD) | ANNUAL PER SF (USD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ABOUT 112 KING ST , PALMERSTON, ON N0G 2P0
We are conveniently located in the tranquil town of Palmerston, Ontario. You can get away from the city life and enjoy the surrounding and quaint towns nearby. King Hotel proudly boasts newly renovated guest rooms and full amenities. Palmerston is known for its rich railway history, which is celebrated at the Palmerston Railway Heritage Museum. The community offers a quaint, small-town atmosphere with local amenities and services, making it a charming place for residents and visitors alike. Palmerston sits on the southern edge of Minto in the northwestern part of Wellington County, Ontario. Air: Palmerston has a heliport at Palmerston District Hospital. The closest major airports to Palmerston are the Region of Waterloo International Airport located in Woolwich. Just 35 minutes from Kitchener, Stratford, Blyth, Drayton and other attractions. 1.5 hours from Toronto Airport and 1 hour from London, Ontario. Across the Street from LCBO and Tim Horton's. Event room available to host small events, parties and get together. Gym Room fully equipped. Small Kitchen for Events hosting. Laundry Machines available for long term stay guests. Conveniently located in the Town of Minto.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 5 | $150.44 USD | - |
| Guest Room | 28 | $121.07 USD | - |
Presented by
King Hotel | 112 King st
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