Avison Young Lists Copper River Inn - Fort Frances, Ontario, Canada.
Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Copper River Inn (hereinafter "Property," or "Hotel"), a full-service hotel located in Fort Frances, Ontario, Canada.
The Property is situated near the Trans-Canada Highway, minutes away from the Rainy River, which separates Canada and the United States. The Hotel is located near local tourist attractions such as Townshend Theatre, Fort Frances Museum, St. Mary's Roman Catholic Church, Bronko Nagurski Museum, and the Memorial Sports Centre. Dining and shopping options are available on Scott Street in downtown Fort Frances. The Hotel offers easy access to a variety of outdoor activities such as swimming and fishing in Rainy Lake, as well as skiing, snowshoeing and riding snowmobiles in the region.
The Property is a two-story, interior corridor hotel. The Hotel has a lobby area, three on-site restaurants, an indoor pool spa and sauna; approximately 5,000 square feet of conference facilities, able to accommodate 300 guests. The Property has complimentary WiFi throughout. The Hotel offers 67 guestrooms and suites with kind and queen beds that include flat-screen televisions, WiFi, microwave, and refrigerator. The hotel also offers cribs/infant beds.
- 67 non-smoking guestrooms
- Two-story, interior building
- 5,000 square feet of conference facilities
- Three in-house dining options
There are a number of compelling aspects to this investment opportunity, which should provide a significant increase in value for an investor, which are as follows:
- Very well located full-service hotel
- Priced well below replacement cost for a similar hotel
- The Copper River Inn is performing well within its market
- Potential upside opportunity in catering, group and meeting business
- The Hotel would benefit from renovation and potential branding
- Price- $5,900,00
- Price Per Key $88,060
- Number of Rooms- 67
For more information on this new listing, contact one of the following:
Wes Schollenberg CIM- 204.947.2886 or firstname.lastname@example.org
Steven Paulus, B. Comm (Hons.), CPA, CGAD-204.947.2886 or email@example.com
Keith Thompson- 770-692-1605 or firstname.lastname@example.org: 05-09-2017