Magnuson Hotel 800 Northwest Boulevard Creston, B.C.
Cap Rate >8
- Type: Commercial
- Style: 2 Storey
- Development Level: Built
- Lot Size: 1 acres
- Taxes: $37,228.11 CAD (2018)
were replaced in
The building has stucco siding.
The restaurant building has a rooftop HVAC for heat and air conditioning
15 have kitchens
3 rooms with king sized beds
All rooms have PTAC units
All rooms have hardwood floors and tile
Commenced October 2017
5 Year with a 5 Year option
Base rent is $4,500 plus 25 % of utilities and property tax, 40% of garbage and 30
% of water which is approximately $ 2,500 / month.
The property has an affiliation with Magnusson Hotels, which brands properties.
Currently they are not paying any royalties, the Seller is negotiations with them to
structure a new deal.
Owner / Manager Suite:
Information is deemed to be correct but not guaranteed.
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