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40-unit Motel, Fredericton, New Brunswick for Sale

(ID# 480) (Seller Ref# 10940)

Financials

Asking Price: $1,700,000
Sales Revenue: Undisclosed
Net Profit: Undisclosed

Business Summary

The motel is conveniently located on Fredericton's scenic route along the St. John River Valley. There are a variety of accommodations to suit visitor needs; including single rooms all having queen-sized beds to two room suites with full kitchens. All units are air-conditioned. Other highlights include a licensed restaurant, high-speed Internet, cable T.V., and a heated outdoor pool. The motel is minutes from downtown Fredericton, New Brunswick's Capital City and conveniently located on the Woodstock Road (Highway 102) close to parks, golf courses and shopping. ATTRACTIONS > 10 minutes from Mactaquac Provincial Park > 15 minutes from Kings Landing Historical Settlement > Golf Courses > Boat Tours > many other attractions too numerous to mention

Property/Location

Real Estate: Real Property
Accommodation: 4-bedroom accommodation available with property
Location: Prime high-traffic location.

Other Information

Training Support: Yes
Reason Selling: Retirement
Financing: On Approved Credit
Website: www.gemmagroup.com

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