62,400 ft2
$1,350,000
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:18129)
Business
Business Type
|
Accommodation |
Business Sub Type
|
Hotel/motel |
Property Details
MLS® Number
|
C8068753 |
Property Type
|
Business |
Road Type
|
Paved Road |
Building
Constructed Date
|
1954 |
Size Interior
|
62,400 Ft2 |
Land
Acreage
|
No |
Size Irregular
|
0.43 |
Size Total
|
0.43 Ac |
Size Total Text
|
0.43 Ac |
https://www.realtor.ca/real-estate/28234763/867-17th-avenue-prince-george