Rural Motel For Sale
Hospitality
for Sale
Sale Pending
Catylist Listing ID: |
30852632 |
Property Subtypes: |
Hotel, Motel
|
Status: |
Pending |
Number of Units: |
11 Units |
Building Size (RSF): |
See Agent |
Gross Building Area: |
See Agent |
Gross Land Area: |
425 - 293 SF
|
Sale Price: |
$999,000 |
Unit Price: |
$90,818.18 Per Unit |
Property Use Type: |
Business |
Name of Establishment: |
Riverton Motor Inn |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/11/2023 |
Overview / Comments
Immaculate and turn key! This is a rare find! Owner is retiring! Riverton Motor Inn is a local and community based business, that has maintained it's steady return for fifteen years of ownership. Loyal clients / customers and travelers have enjoyed the priviledge of a perfect night stay and/or weekly / monthly. Includes, beer vendor, (only one in town) fourteen (14) VLT's, /bar/ lounge/ entertainment band set up (large stage) / Kareoke nights are always a hit !! Pool Table/ two Large patio's for summer BBQ's and town events/ Eleven (11) Rooms / full service reastaurant available/ laundry facilities/ fulltime local staff and much more!~ Riverton is previldged to be nearby Gimli, Gull Harbour & Conference centre as well as Hecla Resort. There is a strong community support within this Hotel while holding many activities in relations to family or business. This is an extrodianary opportunity! Owner is willing to stay several months to assist in the transition.
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Additional Details
Submarket/Township: |
R19 |
Tax ID/APN: |
439803.000 |
Zoning: |
C |
Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Other |
Property Visibility: |
Good |
Highway Access: |
Highway 8 |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Excellent |
Parking Type: |
Surface |
Parking Description: |
Each unit has its own parking stall. Over all there is plenty of parking on site. |
Sprinklers: |
None |
Heat Type: |
Electricity, Natural Gas |
Heat Source: |
Baseboard, Other |
Zoning Description: |
Hospitality |
Lot Frontage: |
425 |
Lot Depth: |
293 |
Water Service: |
Well |
Sewer Type: |
Municipal |
Legal Description: |
2-16243 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Winnipeg Regional Real Estate Board nor
Moody's assume any liability for errors or omissions.
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