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45 Unit Motel In Beautiful Penticton For Sale

Penticton, British Columbia, Canada
Asking Price:
$2,498,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$100K - $250K (CAD)

I am pleased to offer this 45-unit motel in the heart of beautiful Penticton in the famous Okanagan Valley.


The motel has an excellent location on Skaha Lake Road adjacent to the Cherry Lane Mall.

Situated on nearly 1 acre of land the motel has two accesses off Skaha and because it backs onto a lane, it has access from the back of the property as well.

The motel consists of two concrete block and wood frame buildings, both are 2 storeys. There is a central outdoor pool in the courtyard.

The clientele is a mix of both daily and long terms stays, the motel offers clean and affordable accommodations.

Penticton draws many tourists and visitors for the great weather and many events held throughout the year.
Penticton is one of just two cities in the world situated between two lakes. Beaches and water fun are part of the Summer culture here – dive in like a local and get wet! Okanagan and Skaha Beaches feature nearly 15 acres of premium, sandy beach and swimming areas. Along with all of the year-round recreational activities available, agriculture has been an important contributor to Penticton’s livelihood.

There are over 80 wineries in the Penticton metropolitan area, 5 craft breweries and 3 distilleries, all within easy distance of the downtown core.

The Pass Motor Inn is located halfway between the beaches of Skaha Lake and Lake Okanagan beside the Cherry Lane Shopping Centre in Penticton. Clean, comfortable and affordable rooms, suites and kitchenettes offer groups a convenient spot from which to explore Penticton.
The Inn’s poolside barbecue provides a fun setting in which to enjoy the warmth of a sunny Okanagan day in the company of family and friends. Amenities such as cable TV, fridges and coin laundry facilities create a home-style atmosphere in which guests may relax while in Penticton.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Yes - 2 bedroom

Location:

Penticton

Size in square feet:
0.912 Acres

Business Operation

Competition / Market:

Yes

Employees:
2-4
Years established:
Many

Other Information

Support & training:

Yes

Contact Information

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