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  • 867 17TH AVENUE in Prince George: Business for sale : MLS®# C8060682

    867 17TH AVENUE Prince George V2L 3Y5
    Main Photo: 867 17TH AVENUE in Prince George: Business for sale : MLS®# C8060682
    $1,399,900
    Business
    Status:
    Active
    MLS® Num:
    C8060682
    Major Bus.:
    Accommodation
    Minor Bus.:
    Hotel/motel
    Floor Area:
    1 acre(s)
    Wow this cash cow turnkey motel currently has an 8.55% ROI aa operated with the potential to grow it to 27.22% ROI with some very small changes to the business model. Currently owner occupied and managed since 1972, it is in excellent condition and centrally located close to all Prince George amenities. The Prince George Motor Court has 14 renovated stand-alone cabins/units and a caretaker/manager suite generating on average $17,940 cash flow per month. Room rates have not changed in many years and are well overdue for an increase OR convert to an airBnB model with hands-off management and let your cash cow grow. Share sale only (id:2493) More details
    Listed by Maxsave Real Estate Services
    Mike Hurrell - PREC*
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Data was last updated June 26, 2024 at 09:45 AM (UTC)
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