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High Performing Motel In Revelstoke For Sale

Revelstoke, British Columbia, Canada
Asking Price:
$1,900,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$100K - $250K (CAD)

We are pleased to offer the Monashee Lodge in Revelstoke, B.C. This long established 16-unit motel is a favourite with travelers, tourists, skiers, and workers.The motel is located away from the Trans Canada Highway unlike most motels in Revelstoke which need to deal with traffic noise. This motel is convenient to the downtown area and in a very quiet location with a residential area adjoining the property.

Revelstoke is a destination tourism area with international recognition. It is home to both a National Park and the Revelstoke Mountain Resort. The resort has been developed over the past 10-15 years resulting in significant economic growth in the Revelstoke area. These assets attract tourists from all over the world almost year round resulting in higher occupancy and income levels than one might expect from a motel of this size.

The motel has seen significant upgrades over the past few years; most notably a commercial laundry, a games room and a breakfast area for guests. The rooms are both clean and comfortable.

This motel will appeal to a buyer looking for a moderate sized motel in a desirable location with above average income.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

2nd floor above lobby. Kitchen, living dining room with master bedroom and den.

Location:

Quite area near downtown.

Premises Details:

16 rooms in 2 storeys with exterior walkway. Wood frame construction with asphalt roof.

Size in square feet:
15,000

Business Operation

Employees:
1 part time ( 2 owners)
Years established:
Constructed in 1972

Other Information

Support & training:

Sellers will provide adequate training ( to be negotiated)

Contact Information

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