1405 Hwy 97 S - Hospitality FOR SALE


Williams Lake, BC V2G 2W3
$2,790,000 CAD
250-878-7417
1405 Hwy 97 S, Williams Lake, BC for Sale
$2,790,000 CAD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

1405 Hwy 97 S
Williams Lake, BC V2G 2W3


OVERVIEW

This very popular motel has easy access and great views over the lake and city. The motel consists of 24 units in 5 buildings, one of which is the lobby and living area. The living area has 3 bedrooms and 2 bathrooms. The motel is conveniently located near restaurants, and walking to distance to downtown, stampede grounds and other amenities. The current owners have had the motel for nearly 20 years and are now ready to retire. They have built a remarkable business based on travellers, workers and tourists, many of whom are repeat customers. An important fact is they don’t use any booking engines like Expedia etc. GBA IS APPROX. *****

FOR SALE DETAILS

PRICE

$2,790,000 CAD

PRICE/SF

$219 CAD /SF

# OF ROOMS

24

PRICE/ROOM

$116,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cariboo Motel on HWY 97

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1958

PARKING SPACES

36

LAND DETAILS

LAND ACRES

2.45 AC

LAND SF

106,722 SF

ZONING

CS3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Larry BerisoffRE/MAX KelownaMore Info
250-878-7417

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Larry BerisoffRE/MAX KelownaMore Info
250-878-7417

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.