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$1,350,000
Est. payment /mo
62,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 62,400 sqft
Price per Sqft $21
MLS® Listing ID C8068753
Year Built 1954
Lot Size 0.430 Acres
Acres 0.43
Source BC Northern Real Estate Board
Property Description
Wow this cash cow turnkey motel currently has a 10% ROI as operated with excellent potential to increase revenues. Owner occupied and managed since 1972, it is absolutely immaculate, and centrally located close to Prince George downtown core and Lheidli T'enneh Memorial events Park. The Prince George Motor Court has 14 renovated stand-alone cabins/units and a caretaker/manager suite generating approximately $16,000 revenue per month with about only $4,600 per month in costs. Excellent potential to increase revenues as room rates have not been changed in many years OR could be converted to an AirBnB business model that could generate up to $31,000+ profit per month. Ask for proforma to view various business scenarios and choose your path to prosperity. Share sale only. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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