Motel - Trout Lake

Hospitality for Sale
Catylist Listing ID: 30294766
Property Subtypes: Motel
Number of Units: 41 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 30,000 SF
Sale Price: $490,900
Unit Price: $11,973.17 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/22/2018

Overview / Comments

Great opportunity to relaunch this former Best Western, 41 Rooms Motel with a 3 Bedroom Management Quarters, Indoor Pool and Free - Standing Full Service Restaurant with over 100 seats. Also has separate recreational building. Property sits 13 acres Wooded with a pond. Close to Snowmobile Trails, State Land, Rivers, and Casino. Property is priced to sell - currently vacant needing some minor repairs and updates. Owner willing to look at all offers. Call today to see the property.

Additional Details

Nearest MSA: Sault Ste. Marie
County: Chippewa
Tax ID/APN: 01522500300

View FullscreenMap


Contact

© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.