Syber Realty is pleased to offer this mid-sized motel ideal for a hands-on ownership. The Prince Motel is a 14 unit motel with a 3 bedroom living area. The Motel was built around 1993 and has had the same owner since then.
The motel is located on the entrance to Merritt used by travelers from Kelowna and Vancouver and if leaving downtown Merritt, Nicola Avenue is used to access Highway 5 and 97C. Merritt is one of the few communities that have highways from four directions converging on it. There is a high traffic count!
The current owner is an elderly fellow and to lessen the work load rents about by half the rooms by month. It is operated with very little advertising; in fact the motel does not have a web site.
If you are considering a simple motel to operate in a nice sized community with a family sized living area, the Prince Motel should be considered!
