Magnuson Hotel in Cranbrook

 

Property Type Motels
Status New Featured
Business Name Magnuson Hotel
Address 800 Northwest Blvd. Cranbrook
Price $2,580,000
Taxes 38359
Sales / Y 550000
Bedrooms 51
Lot Size 1.79 acre

                                 

51 Rooms / Bar / Restaurant

 

Sales per Year

$ 550,000

Rental Gross Income $84,000

(3 x 5 yr lease)

 

Annual Normalized Net Income : $269,000 +

(Including Rental Income)

 

 Business Environment

-     8 hours drive from Vancouver / 738 km

-     Close to US Border

-     About 12,000 people

-     Summer Tourist attractions

-     Camping, Golfing, Hiking and Biking

Kootenay lake

1.79 Acre

Approx.1.5M bank loan available

No Direct Contact with On-Site Management

FOR FURTHER INFO OR APPOINMENT FOR VIEWING, CALL

TIM SEO

timseo09@gmail.com

Team 3000

PHONE 604-358-2111

The enclosed information is intended as a guide only and for discussion purposes. Tim Seo and the associates accept no responsibility as to its accuracy and hereby advise all prospective purchasers to verify all information to their complete satisfaction.

 

 

 

 

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