Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C1,698,000
($1,229,980.26)
(€1,080,010.06)
Annual Taxes:C12,649.73
505 Park Ave, New York, NY 10022

Description

>>> OPPORTUNITY KNOCKS! <<< Turn Key Multi -Suite Accommodation - Showcasing 18 BRAND NEW RENOVATED Modern Guest Suites! Property has undergone a 3-year long FULL and Extensive Renovation and Mechanical Refurbishment Now Complete! Various Suites Can Accommodate Double Occupancy. Certified and Licensed for 21 Migrant Workers! Ideal Hotel Accommodations / Migrant Worker / Student Housing / Senior Suites. Hotel Ownership Opportunity in a Booming Growth Area. Located in an Established Neighborhood, Steps to Commercial Hub and Close Proximity to Key Routes: >> 4 km / 7 Min to Windsor Casino >> 3.5Km / 6 Min to University of Windsor >> 10 Km / 10 Min to Windsor International Airport! 4500 sf Restaurant Can Be Run as a Complimentary Restaurant or Bistro. RENT Out Restaurant as an Extra Profit Centre - OR- Reconfigure into 5 More Rental Suites and Retain a Guest Cafeteria / Cantina! New Interiors, Washrooms and Hallways, 2 New HVAC Roof Top Units, 18 New Split HAVC Units, Beds, Microwaves and Much More! MASSIVE OVERSIZED PARKING Approx. 75 +/- spots. Potential Expansion / Possible Severance, or Rental Profit Centre with Shuttle Service. Wow! Superbly Maintained Brand New Renovation! Efficient Layout and Significant Potential. Being Offered Well Below Replacement Cost AN EXCEPTIONAL Investment Opportunity Centrally Located in a Rapid Growth Area. Truly a RARE Offering! Offer Submissions Are Welcome. EZ- Access Showings - Call Listing Agent to Make Appointments. Collateral Agreement in Effect. **EXTRAS** Can Be operated as a Stabilized Long Term Multi-Suite Rental -OR- Run as Short Term Accommodation/Hotel for Higher Revenue Stream! -OR- Senior's Home Accommodation!

Amenities

  • Major Highway
  • Public Transit

gt ; gt ; gt ; OPPORTUNITY KNOCKS !


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.