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 clientele—including steady off-season demand from trades workers—and close proximity to the Yarmouth Ferry, this turnkey operation is an excellent opportunity for investors or owner-operators.
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0BEDS
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1.01ACRES
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0BATHS
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01/2 BATHS
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7,246SQFT
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$145$/SQFT
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 clientele—including steady off-season demand from trades workers—and close proximity to the Yarmouth Ferry, this turnkey operation is an excellent opportunity for investors or owner-operators.
NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2026-06-17T21:35:42.013.