Message Number | 387395 |
status | Active |
Subject Line | LUXURY 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 | |
Have/Want | Have |
Business category | Commercial Buildings/Hotels/Motels Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots |
Date of Listing | April 7 2020 |
Type Description | Development of luxury Hotel/Condo site |
Location | Ontario |
Price | $3,500,000.00 |
Price Comment | V.T.B. POSSIBLE. JOINT VENTURE POSSIBLE. |
Building area | 110000 |
Building Area Comment | Site for 8 storey |
Site area | 1 acre. Irregular lot approx 140' X 329'. |
Zoning | Comm/Res |
Cap Rate | 25 - 30% upon completion. |
Loans | V.T.B. POSSIBLE |
Equity | Joint venture possible |
Yield | 25 - 30 % |
Comments | This 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 Links | www.sydneysopher.com
|
Client Details | Builder/Developer |
Client Will | Partner with Other Take Back Mortgage |
Control | Regular Client |
Name | Sydney Silas Sopher |
Title | Sales Representative |
Company Name | International Realty Firm Inc., Brokerage |
Address Line One | 15 Gervais Drive, 7th Floor |
City | Toronto |
State/Province | Ontario |
Zip/Postal Code | M3C 3S2 |
Country | Canada |
Business Phone Number | (416)788-7390 |
Cell Number | 416-788-7390 |
Home Number | 844-793-6391 |
Email Address | Send Email |
Home Page | Home Page |