--- Hotel Complex For Sale --- Commercial Investment Opportunty --- in Manhattan, Kansas For Sale

PLANIT Real Estate Inc.
Commercial Brokerage
Simon Prentice, Salesperson
Direct: (905) 708-xxxx
Investment Opportunity: Hotel Complex For Sale
Hotel Complex for Sale
Niagara Falls, ON L2G3X6
Price:
$12,500,000 CAD
No. Rooms:
188
Building Size:
1,154,790 SF
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Hotel + Vacant Land
No. Stories:
6 + 2
Year Built:
xxxx
Lot Size:
~2.10 Acres
Parking Spaces:
~155
Posted 2/13/xxxx
Listing ID xxxxxxxx
Map of xxxx Stanley Ave, Niagara Falls, ON L2G3X6
Find out more about xxxx Stanley Ave, Niagara Falls
Description
ACQUISITION and REDEVELOPMENT OPPORTUNITY
Two Motels And Excess Land. Acquisition Includes 4 Property Parcels.
Motel 6 Is 132 Rooms. This property is comprised of a six storey hotel constructed in xxxx and situated on a site of approximately 1.5 acres. The property enjoys prominent street exposure to three street frontages.
Courtside Inn Is 56 Rooms. The Courtside Inn Is Currently Operated Under A Lease Agreement. The Motel 6 Is Being Operated Directly By The Ownership Group.
There Is The Opportunity To Increase Profitability Of The Motel 6 Through Better And Consistent Marketing Initiatives. Potential To Redevelop Courtside Inn And Vacant Land Property With Multiple Options.
INVESTMENT HIGHLIGHTS
Excellent Location in Niagara Falls
The site has prominent visibility along Stanley Avenue (approximately 300 feet of frontage)
Hospitality Upside Potential
Niagara Falls is a timeless, global destination for travelers, vacationers, honeymooners and site-seekers attracting over 14,000,000 people annually.
REDEVELOPMENT POTENTIAL
The Property is located on a highly desirable and highly trafficked site on Stanley Avenue, just a few minutes from the Falls, nearby Casino' s, Clifton Hill, Marineland and the new Scotia Centre.
The property is located along the east side of Stanley, at the northeast corner of its intersection with Forsythe Street. This property is located in a prime tourist hub of Niagara Falls. Being only 0.5 km south of the Highway 420, 3 km to Rainbow Bridge US Border crossing, and 2.25 km to the brink of the Falls.
Stanley Avenue is a busy north-south thoroughfare through the City. In the immediate area, Stanley Avenue is lined with commercial uses, including retail plazas, hotels/motels, restaurants, fast food outlets, tourist attractions, new Convention Centre, etc.
PLANIT Real Estate Inc.
Commercial Properties For Sale - (416) 951-xxxx
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.
 
PLANIT Commercial Real Estate
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