214 Nova Scotia Trunk 1

Description

TURNKEY MOTEL Novastar Motel on the Lake is a well-maintained, income-producing property just five minutes from downtown Yarmouth and overlooking Lake Milo. The property features 16 motel units plus two apartment suites, offering strong short- and long-term rental potential. Four kitchenette units were recently renovated (approx. $100,000). The two apartment suites and motel's office include three Daikin heat pumps for efficient year-round comfort. With a loyal clienteleincluding steady off-season demand from trades workersand close proximity to the Yarmouth Ferry, this turnkey operation is an excellent opportunity for investors or owner-operators. (id:56844)

Listing

MLS® number

202610878

Status

Active

Days On Market

170

Building

Year built

1966

Above grade

7,246 sq ft

Exterior

Wood frame, Concrete block

Features

Laundry Facility, Living Accommodation, Air Conditioning

Interior

Flooring

Other, Wood

Heating

Heat Pump, Baseboard heaters, Electric, Propane, Ductless

Cooling

Window air conditioner, Air Conditioned

Security

Alarm system, Sprinkler System-Fire

Land

Lot size

1.01 acres

Parking

Type

Paved Yard, Parking Space(s), Gravel, Visitor Parking

Utilities

Water

Municipal water

Business

Business type

Accommodation

Fees and taxes

Common interest

Freehold

Parcel number

90157751

Directions

From Yarmouth proceed North on Highway 1. Dayton. Civic #214