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Office: 250-562-6228
office@maxsave.bc.ca
Location
2582A Queensway Street
Prince George, BC, V2L 1M9
- Status:
- Active
- Prop. Type:
- Business
- MLS® Num:
- C8060682
- Bus Major:
- Accommodation
- Bus Minor:
- Hotel/motel
- Photos (32)
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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)
- Property Type:
- Business
- Size Interior:
- 1.433 acre(s)
- Transaction Type:
- For sale
- Major Business Type:
- Accommodation
- Minor Business Type:
- Hotel/motel
- Age:
- 70 years
- Fireplace:
- No
- Acreage:
- No
- Lot Size:
- 18,730.8 sq. ft.
- Lot Size:
- 0.43 ac
- Lot Details:
- 0.43
- Road Surface:
- Paved road
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Listed by Maxsave Real Estate Services
Data was last updated June 26, 2024 at 09:45 AM (UTC)
Area Statistics
- Listings on market:
- 19
- Avg list price:
- $700,000
- Min list price:
- $85,000
- Max list price:
- $7,900,000
- Avg days on market:
- 84
- Min days on market:
- 6
- Max days on market:
- 904
- Avg price per sq.ft.:
- $124.31
These statistics are generated based on the current listing's property type
and located in
Prince George. Average values are
derived using median calculations.
- Mike Hurrell - PREC*
- Maxsave Real Estate Services
- 250-981-3100
- Contact by Email