$1,700,000
Osoyoos
7414 97 Street, Osoyoos, British Columbia, V0H1V5
This hospitality in Osoyoos is for sale offering roughly 7,500 sq ft of space. It has been on the market 0 days, fresher than the Osoyoos average of 194 days.
Opportunity to purchase the Boundary Motel, a unique investment opportunity in the Osoyoos area of the South Okanagan! This prime 1.72-acre property in Osoyoos offers a unique investment opportunity with multiple income streams. The property includes a 14-room motel, a 6-plex, and 7 mobile home pads. The motel and 6-plex are zoned C1 (Highway Commercial) while RSM (Residential Manufactured Home Park) zoning encompasses the manufactured home section. The site is serviced by city water and sewer and is located in a high-traffic area along Highway 97 to the South of the primary town of Osoyoos. For the right investor, this could be an opportunity to continue the existing cash flow of the property and take advantage of lowering interest rates, all being possible without running the motel in a ""hands-on"" way. Several opportunities exist to further increase the property's income stream. Modernizing booking systems, leveraging high season pricing, and renovating the motel, to name a few. Likewise, there is an upside for the manufactured home rents to be increased with tenant turnover. The manufactured homes themselves are not included as assets; they are owned by the tenants. Properties with three separate revenue streams do not often come to market. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 194 days across the listings currently for sale in this city
This hospitality in Osoyoos has been listed for 0 days, which is 194 days fresher than the city average of 194. Act while there is still low competition.
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