Land for Sale Summerland - Waterfront Lots For Sale in Summerland

Westwood Motel 100 Mile House, B.C 100 Mile House ( British Columbia, CA - V0K 2E0) Built

$1,790,000 CAD
Cap rate > 8 Asset Sale

Property Finders

Amy XU Amy XU 2508994888 (Cell) Request More Info

  • Type: Commercial
  • Style: 2 Storey
  • Development Level: Built
  • Lot Size: 0.918 acres
  • Taxes: $18,448.84 CAD (2018)

Description

Situated on almost 1 acre, there is plenty of room for all guests as well
as work crews that may have large vehicles or trailers. There may be an
opportunity to expand the motel if one wanted.
The current owners take great pride in maintaining the motel and
offering guests a quality room at a reasonable price. The motel is
recognized and awarded excellent reviews from guests and booking
agencies like Booking.com
100 Mile House is a hub community that provides services to a large
area, and a base for a lot of economic activity. The hospitality market in
100 Mile house has been supported from the diverse market segments:
Mainly corporate market including Enbridge (there is LNG lines and a
compressor station nearby), tourists, people staying while building or
shopping for housing, hockey, curling in local arena and other sports,
fresh water fishing, hunting, Visitors for families or friends and passing
through customers from far north and great Vancouver area as well as
the Okanagan and Nicola Thompson area from Highway 97 which sees
about 1.3 million vehicles annually. 100 Mile House is located about 5
hours from Vancouver and approximately 2 hours from Kamloops.
Rooms:
24 rooms
4 full kitchen units with 1 Queen. Apartment size and regular stoves and all
utensils etc.
5 units with 1 Queen and a sofa bed
15 Units have 1 Queen and 1 Double (these rooms are large enough for kitchens
would require additional electrical)
All rooms have fridges and microwaves
All rooms have air conditioners
Owner / Manager Suite:
Second floor connected via staircase to laundry / lobby area
2 bedrooms
Living room
Kitchen
1 bathroom
Electric baseboard heat and a wood burning stove

Attachments

P2#342923720
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Information is deemed to be correct but not guaranteed.

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