2107 Tait St - Hospitality FOR SALE


Summerland, BC V0H 1Z4
$3,425,000 CAD
250-878-7417
2107 Tait St, Summerland, BC for Sale
$3,425,000 CAD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

2107 Tait St
Summerland, BC V0H 1Z4


OVERVIEW

I am pleased to offer this excellent Okanagan motel business located in the heart of the magnificent Okanagan Valley! Being offered is this well-established motel opportunity is the beautiful Okanagan Valley! This offering consists of the Summerland Motel which has 31 units, situated on Highway 97 in Trout Creek just south of Summerland proper. The current owners are motivated to sell. This motel is prime for a franchise. Please add this to your list as motels in the Okanagan are hard to find!

FOR SALE DETAILS

PRICE

$3,425,000 CAD

PRICE/SF

$114 CAD /SF

# OF ROOMS

31

PRICE/ROOM

$110,484 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Summerland Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

CH

APN/PARCEL ID

031-662-269

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.