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Oasis Motel 5107 Centre St 28 Room Hotel Niagara Falls, ON L2G 3P1 $3,510,230 USD ($125,365 USD/Room) 6.12% Cap Rate

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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 $3,510,230 USD
Price Per Room $125,365 USD
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 $53.73 USD -
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 26878924

  • Date on Market: 10/18/2022

  • Last Updated:

  • Address: 5107 Centre St, Niagara Falls, ON L2G 3P1

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