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I am pleased to offer this wonderful investment opportunity in the sunny Okanagan! Located in Penticton just steps from Lake Okanagan is this 46 or 47-unit motel that has been a family favorite for decades!
The property is ideally suited for guests that want to enjoy that idyllic summer vacation. The beautiful on-site pool, courtyard and incredible gazebo lounge / barbeque area help create a unique experience bringing people together to enjoy a resort experience.
Located across the street from the channel floating launch site, the adventure park and Lake Okanagan a very short walk away, the motel has a great location!
The current owners have developed a model that allows for maximum cash flow with the least amount of effort. They operate from May to October as motel / resort then from November to April they rent on a monthly basis minimizing staffing and keeping a healthy cash flow.
If you are considering an Okanagan hospitality investment this is well worth investigating!
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Larry Berisoff