1441 Manawagonish Road Saint John, New Brunswick E2M 3X8

$2,100,000

This award-winning, 31-unit franchise motel offers a turnkey investment opportunity in Saint John, New Brunswick, a city currently experiencing record-breaking tourism growth. Located in a region named by CNN as one of the world's top travel destinations for 2024, the property is perfectly positioned to capitalize on Saint John's surging popularity. Discover a rare gem in the hospitality market with the Econo Lodge Inn & Suites, a highly profitable and meticulously maintained 31-unit motel. Situated on a sprawling 200' x 350' lot on the prestigious West Side of Saint John, this property offers breathtaking, elevated views overlooking the world-famous Bay of Fundy. It features various amenities and has undergone recent upgrades. The motel operates under a recognizable franchise brand of Choice Hotels. All rooms have refrigerators , microwaves, coffee pots and USB ports and 13 of the rooms are kitchenette units (microwave, refrigerator and sink). There are 31 rooms with a total of 41 beds. Many upgrades have been done and the rooms are spacious and bright. This property benefits from exceptional exposure on two of the city's highest-traffic arteries. It is ideally located just minutes from major attractions like the Reversing Falls Rapids, Irving Nature Park, and the Nova Scotia ferry terminal. This is a premier opportunity for a savvy investor or owner-operator to acquire a high-performing asset in one of New Brunswick's most scenic and accessible commercial hubs. (id:55272)

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https://www.realtor.ca/real-estate/29198943/1441-manawagonish-road-saint-john