DESCRIPTION – 4 story 100 rooms limit service hotel with Pool, waterslide, Lounge , fitness room , business centre and meeting room located at very convenient XXXX .
-Franchise with Wyndham till 2030 and the franchise fee 5% plus 3 % other marketing etc.
SITE AREA: 1.7 Acres
ZONING: DCD (Direct Control District ).
AGE: May 2015
REVENUE (Year End August 31) 2019 : $1,724,358, 2022:$1,976,037, 2023:$2,640,797
NOI 2023 :$782,280
LOCATION OVERVIEW
– Relatively recent construction and in very good condition.
– Popular and mid size national branding flag.
– Good exposure and easy access to Highway 2.