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$6,800,000
Est. payment /mo
1.07 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision South Kamloops
MLS® Listing ID 10364690
Year Built 1973
Lot Size 1.070 Acres
Acres 1.07
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
MOTEL OPPORTUNITY IN KAMLOOPS ~ CANADA'S BEST VALUE INN & SUITE. Excellent investment opportunity in the Kamloops region, a thriving hub for industry, tourism, and transportation with strong year-round demand. This well-maintained motel features 51 rooms, including 6 bachelor suites rented at approx. $1000/month, plus a leased restaurant generating $3500/month (plus utilities). Additional highlights include a 2-bedroom manager's suite with office, laundry facilities (2 washers/2 dryers), a large basement storage, and extra rooms currently used for storage. Rooms are renovated with no upgrades required. A franchise agreement with Canada's Best Value Inn is in place. The property sits on just over 1 acre, including an additional 4000 sq.ft area with development potential. Strong cash flow and excellent location make this a rare opportunity. Please do not approach staff for information. A Non-Disclosure Agreement (NDA) is required before releasing business details (id:24570)
Location
Province BC
Zoning Commercial
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by Sutton Group - 1st West Realty
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