867 17th Avenue Prince George, British Columbia V2L 3Y5
$1,399,900
Wow this cash cow turnkey motel currently has an 8.55% ROI aa operated with the potential to grow it to 27.22% ROI with some very small changes to the business model. Currently owner occupied and managed since 1972, it is in excellent condition and centrally located close to all Prince George amenities. The Prince George Motor Court has 14 renovated stand-alone cabins/units and a caretaker/manager suite generating on average $17,940 cash flow per month. Room rates have not changed in many years and are well overdue for an increase OR convert to an airBnB model with hands-off management and let your cash cow grow. Share sale only (id:57101)
Business
| Business Type | Accommodation |
| Business Sub Type | Hotel/motel |
Property Details
| MLS® Number | C8060682 |
| Property Type | Business |
| Road Type | Paved Road |
Building
| Constructed Date | 1954 |
| Size Interior | 62400 Sqft |
Land
| Acreage | No |
| Size Irregular | 0.43 |
| Size Total | 0.43 Ac |
| Size Total Text | 0.43 Ac |
https://www.realtor.ca/real-estate/27021080/867-17th-avenue-prince-george
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July 09 2024 02:45:01
BC Northern Real Estate Board
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