Message Number387395
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 ListingApril 7 2020
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 Silas Sopher
TitleSales Representative
Company NameInternational Realty Firm Inc., Brokerage
Address Line One15 Gervais Drive, 7th Floor
CityToronto
State/ProvinceOntario
Zip/Postal CodeM3C 3S2
CountryCanada
Business Phone Number(416)788-7390
Cell Number416-788-7390
Home Number844-793-6391
Email AddressSend Email
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