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South Okanagan Motel $2,198,000

Year Built
Mixed
Water Service
Municipal
Land and Building Included
Yes

This 31-unit motel is well located on Highway 97 which is the major north/south highway through the Okanagan Valley. The property is an easy walk from the downtown core and shopping amenities. 

Outdoor opportunities abound in the area including walking, hiking, fishing, arguably the longest golf season in the country along with winter sports such as skiing. The 31 units are in four separate buildings, all of which are less than 21 years old. The rooms are comfortably appointed and the buildings appear to be in good condition with good maintenance readily evident. There is a mix of rooms including double queens, deluxe suite, kitchenettes and rooms with handicap access. The property shows very well and has great curb appeal.

The property competes effectively in the market and offers patrons good accommodation at a reasonable price point. Both sales and cash flow exhibit good stability. If you are looking for a property in the hard to find 30+/- room category you must consider this motel.


General Amenities
Community Amenities
Address Hidden
Here
Canada
Sale Type: For Sale
Category: Motels
Larry Berisoff
RE/MAX Kelowna

P: 250-862-8100
Contact Agent
Water Service
Municipal
Wastewater Service
Muncipal
Asset Sale
Yes
Residence
Yes 1 Bedroom
Taxes
$16,783
Year Built
Mixed
Zoning
CT1s
Land and Building Included
Yes
Address Hidden
Here
Canada
Sale Type: For Sale
Category: Motels
Larry Berisoff
RE/MAX Kelowna

P: 250-862-8100
Contact Agent

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Address Hidden
Here
Canada
Sale Type: For Sale
Category: Motels
Larry Berisoff
RE/MAX Kelowna

P: 250-862-8100
Contact Agent

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 RE/MAX Kelowna

  • 100-1553 Harvey Avenue
  • Kelowna, BC
  • V1Y 6G1

Larry (Direct) 250.862.8100

Fax 250.862.8100

email@syberrealty.com