Business Opportunity
I am pleased to offer this unique investment opportunity. This offering consists of the Summerland Motel which has 31 motel units and the Sunoka Apartments which has 25 rental suites (16 studious and 9 1 bedrooms). These two properties are adjacent to each other and are on separate titles. Each property has its own access, there is a gate between the properties for emergency access. In 2021 the current owners redeveloped an existing motel into a motel and an apartment complex, the result is two independent businesses, owned by one company. The motel has a swimming pool and nice courtyard area, it is popular with tourist and travellers. If you are looking for a unique opportunity with exceptional cash flow, this is well worth adding to your list
Subarea
SU - Trout Creek
Taxes
33099.00
Tax Year
2021
Lot
1.430
Water Supply
Municipal
Sewer
Sewer
Flooring
Flooring Mixed
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Listing data last updated date: 2023-06-24 22:10:02
Copyright - Okanagan Mainline Real Estate Board Cooperative Ltd. and the REALTORS Association of Okanagan. All Rights Reserved.
Listing Agent: Larry Berisoff
Brokerage: RE/MAX Kelowna