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:4069)
Address
867 17TH AVENUE
List Price
$1,350,000
Property Type
Business
Area
British Columbia
Sub-Area
Prince George
Floor Area
62,400 Sq. Ft.
Lot Size
0.43 Sq. Ft.
Year Built
1954
MLS® Number
C8068753
Listing Brokerage
Maxsave Real Estate Services
Postal Code
V2L3Y5
