Property Details
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MLS #:  20092270
Price:  $3,000,000
Area:  Shakespeare, Out of area

Type:  Motel/Hotel
Lot Size:  2 acres
Sq. Ft. 93,000
Year Built:  1988
 
Description
Fabulous Investment Opportunity! Located near famous Stratford Festival only 10 kms away. 60 units in immaculate 2 storey building. Many 2 room suites. Turn Key fully furnished. Complex includes: owners suite, restaurant, professional laundry, etc. Sewers are slated for installation this year making available space for recreation centre & pool on property. Quality of construction & pride of ownership are apparent. Can be used as a retirement home as well. Potential income of over $2,000,000/year if fully booked at $100 per night per room. Easy to show. Contact LBO for financials.

http://www.ShakespeareInn.com
 

Additional Information
Sale/Lease:  For Sale Only Heating:  Electric, Forced Air, Air Conditioning
Taxes:  24287/2009 Floor:  Concrete
Site Influences:  Highway Access, Visual Exposure, Shopping Nearby, Level, High Traffic Location, Landscaped
   
 
Listing Office: Resort Country Realty Inc., Brokerage