14 Suite Motel for Sale

Hospitality for Sale
Catylist Listing ID: 30856062
Property Subtypes: Motel
Number of Units: 14 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 11,774 SF
Sale Price: $900,099
Unit Price: $64,292.79 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2023

Overview / Comments

Showings start now. Offers September 26, 2023 evening. Excellent opportunity to own this turn-key business!! Conveniently Located on Highway 1A in Portage La Prairie. Family-owned and operated, updated 14-units consisting of 8 single bed suites, 4 double bed suites, 1 suite for a laundry facility, and 1 suite designated for the owner. This successful motel features air-conditioned rooms, spacious updated rooms, and ample on-site customer parking for all guests. Motel includes four single suites, eight double suites, fireplace suite, and upgraded owner's suite attached to the front office for added convenience. Some additional upgrades include electrical, flooring, roof and siding. This Motel is close proximity to shopping, dining and recreation. Call today to book your showing!

Additional Details

Nearest MSA: Portage la Prairie
Market: Winnipeg
Tax ID/APN: 4800.000
Zoning: C3
Retail Clientele: Business
Number of Stories: 1

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Photograph of Listing Agent

Tony Panchhi

RE/MAX executives realty
CPIX® Member
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