Message Number372540
statusActive
Subject LineLUXURY HOTEL &/OR CONDO COMBINATION DEVELOMENT SITE IN NIAGARA FALLS. Profit from the booming U.S. economy and massive influx of tourists. Excellent price!
Business area
Canada
Ontario
Niagara Region
Niagara Falls
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Date of ListingJanuary 8 2019
Type DescriptionDevelopment of luxury Hotel/Condo site
LocationOntario
Price$3,500,000.00
Price CommentV.T.B. POSSIBLE. JOINT VENTURE POSSIBLE.
Building area110000
Building Area CommentSite for 8 storey
Site area1 acre. Irregular lot approx 140' X 329'.
ZoningComm/Res
Cap Rate25 - 30% upon completion.
LoansV.T.B. POSSIBLE
EquityJoint venture possible
Yield25 - 30 %
CommentsThis is an excellent opportunity to profit from the big U.S. economic boom with the massive influx of tourists. This development site can be any combination of hotel suites, condos or apartments. Plans are in place for a hotel/condo combination comprising 200 suites. Condos in Niagara Falls are rare and a hotel/condo is a unique combination and is an excellent investment. Condos can also be rented out as suites. Guaranteed NO CONDO FEES INCREASE for 5 years and GUARANTEED REDUCED PROPERTY TAXES for 10 years.
Internet Linkswww.sydneysopher.com
Client DetailsBuilder/Developer
Client WillPartner with Other
Take Back Mortgage
ControlRegular Client
NameSYDNEY SOPHER
TitleSales Representative
Company NameCultureLink Realty Inc., Brokerage
Address Line One7800 Woodbine Ave., Suite 210
CityMarkham
State/ProvinceOntario
Zip/Postal CodeL3R 2N7
CountryCanada
Business Phone Number(416)788-7390
Cell Number1-866-976-9776
Home NumberToll-Free:1-866-976-9776
FAX Number416-783-8590
Email AddressSend Email
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