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867 17th Avenue Prince George, British Columbia V2L 3Y5

62400 sqft

$1,399,900

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:58436)

Business

BusinessType Accommodation
BusinessSubType Hotel/motel

Property Details

MLS® Number C8060682
Property Type Business
RoadType Paved Road

Building

ConstructedDate 1954
SizeInterior 62400 Sqft

Land

Acreage No
SizeIrregular 0.43
SizeTotal 0.43 Ac
SizeTotalText 0.43 Ac

https://www.realtor.ca/real-estate/27021080/867-17th-avenue-prince-george

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Mike Hurrell


Maxsave Real Estate Services
2582a Queensway Street
Prince George, British Columbia V2L 1M9

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