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Oasis Motel 5107 Centre St

28 Room Hotel Niagara Falls, ON L2G 3P1 £2,712,814 (£96,886/Room) 6.12% Net Initial Yield

Investment Highlights

  • Outdoor Swimming Pool, Updated Interior And Equipment. All Rooms Air Conditioned And Full Bath.

Executive Summary

This Turn-Key Motel Operation Located In The Most Busiest Area Victoria & Centre St At Clifton Hill Steps To Casino, Tourist And Niagara Eye. The Motel Is Currently Operating 28 Rooms + 4 Rooms In Attached House For Owner. Outdoor Swimming Pool, Updated Interior And Equipment. All Rooms Air Conditioned And Full Bath. EXTRAS All Financial Information Is Available Upon Request. N.O.I (Net Operating Income): $approx $300K Good Income.

Property Facts

Price £2,712,814
Price Per Room £96,886
Sale Type Investment
Net Initial Yield 6.12%
Sale Conditions Design & Build
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.54 AC
Building Size 10,000 SF
No. Rooms 28
Number of Floors 2
Year Built 1980
Parking Ratio 1.5/1,000 SF
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 28 £41.52 -
Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code TC (commercial)
TC (commercial)
  • Listing ID: 26878924

  • Date on Market: 18/10/2022

  • Last Updated:

  • Address: 5107 Centre St, Niagara Falls, ON L2G 3P1

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