Fully Serviced Hotel

Hospitality for Sale
Catylist Listing ID: 30321862
Property Subtypes: Hotel
Number of Units: 15 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 1 SF
Sale Price: $1,500,000
Unit Price: $100,000 Per Unit
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/11/2018

Overview / Comments

OFFER FOR SALE
Colliers is pleased to offer for sale the Carman Motor Inn.
The Carman Motor Inn is a full-service 15 room hotel which includes a 177 seat beverage room, 45 seat restaurant and 17 VLTs.

LOCATION
Carman has several arts events. Every April the Canadian Wall of Fame for exceptional violin talent is held. In February (vocal/choral/speech arts and band/instrumental) and April (piano/strings and dance), Carman hosts the Tempo Festival of the Arts. This includes speech arts, strings, vocal, choral, piano and band classes in association with the Association of Manitoba Music Festivals.

Carman is home to a University of Manitoba campus as well as the high school Carman Collegiate.

Large agricultural businesses include Aubin Nurseries (perennials, shrubs and trees), and Vanderveens Greenhouses, (annuals) both of which are large Canadian wholesalers of plants.
Carman has a moderate Dutch population, most of which are descendants from Dutch immigrants in the 1950s.
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Additional Details

Market: Winnipeg
Submarket/Township: R39
Zoning: M

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Contact

Photograph of Listing Agent

Michael Gervais

Colliers International - Michael Gervais
CPIX® Member
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