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Listings
$2,995,000 45 Unit Ramada with Restaurant in Southern BC
| Realtor: » Larry Berisoff 250-862-8100 » Jody Miller (PREC) 250-862-8100
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Syber Realty is pleased to offer the Grand Forks Ramada. This 45 Unit Motel is the premiere accommodation in the City of Grand Forks.
The motel offers well appointed rooms, a wonderful lobby and continental breakfast area, a seasonal courtyard pool area, and meeting room all of which have been very well maintained and continuously updated.
All units have had new 42 inch flat screen televisions recently installed. 44 of the 45 units have had granite counter tops installed in the bathrooms and as of January 2012, 43 of the 45 units were being repainted.
Also located on the property is a restaurant, which is about 2,650 square feet and seats about 90-100 people. The restaurant has had some recent upgrades to equipment. It was leased for
$ 3,500 / month.
Generally speaking this property is in very good condition with no deferred maintenance evident. The current owners take great pride in this operation and it certainly shows!
Located in Grand Forks which is known for its dry climate and many hours of sunshine, this is a nice community to call home.
If you are looking for a franchise motel operation in Southern British Columbia, this property should warrant your consideration.
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| Taxes | $27,285.00 | | Property Type | Motels | | Status | Exclusive Reduced | | Lot Size | .888 Acre | | Business Name | Ramada Limited | | Kitchen Units | 12 | | Residence | 2 Bedroom Unit Available | | Units | 45 | | Leased Restaurant | Could Have | | Zoning | Highway Commercial | | Water | Municipal | | Sewer | Municipal | | Share Sale | Yes | | Land And Building Included | Yes |
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