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Franchise Hotel for sale in New Brunswick Canada

Hotel for sale in New Brunswick Canada

70 Room Franchised Limited Service Hotel located in major NB city
Prime location on highway in a major New Brunswick city
Exterior and exterior is in excellent condition
CAP rate between 15% and 20% for an owner/operator
NOI for owner/operator on average between : $ 400K - $ 475K
ONLY SERIOUS INQUIRIES PLEASE - NO TIRE-KICKERS !!
NO FUNDS? .... DO NOT RESPOND !!

Asking price is $2,495,000 - Owner is retiring.

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