TURNKEY MOTEL Novastar Motel on the Lake is a well-maintained, income-producing property just five minutes from downtown Yarmouth and overlooking Lake Milo. The property features 16 motel units plus two apartment suites, offering strong short- and long-term rental potential. Four kitchenette units were recently renovated (approx. $100,000). The two apartment suites and motel's office include three Daikin heat pumps for efficient year-round comfort. With a loyal clienteleincluding steady off-season demand from trades workersand close proximity to the Yarmouth Ferry, this turnkey operation is an excellent opportunity for investors or owner-operators. (id:4069)
Address
214 Nova Scotia Trunk 1
List Price
$1,050,000
Property Type
Business
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Dayton
Floor Area
7,246 Sq. Ft.
Lot Size
1.01 Ac.
Year Built
1966
MLS® Number
202610878
Listing Brokerage
RE/MAX Nova (Halifax)
Postal Code
B5A5A1
Ownership
Freehold
Amenities
Air Conditioning, Laundry Facility, Living Accommodation
Heat Source
Electric, Propane
Heat Type
Baseboard heaters, Heat Pump, Ductless
Cooling Features
Air Conditioned, Window air conditioner
Water Source
Municipal water
