Business Location: British Columbia Postal Code: V0N Relocatable: No
Business Categories:
Accommodation & Recreation Recreation, Resort & Campground
BUSINESS FEATURES
Quaint motel nestled on the Portage River between Anderson and Seton Lakes. Remote but beautiful! Recreational activities in the area include hiking, biking, bird watching, fishing, windsurfing, kite surfing, waterskiing, kayaking, etc. The Okanagan-like microclimate is perfect for a greenthumb to grow everything from peaches, plums, apples and cherries (mature trees already producing well) to grapes, cantaloupe, watermelons, tomatoes... A great Mom & Pop operation with plenty more potential.
FINANCIAL INFORMATION
Last year the business ran with a 10% cap rate.
MARKET & COMPETITION
The only motel/hotel business in town.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
11 guest rooms with wireless internet, satellite TV (6 units with kitchens/kitchenettes); separate guest laundry/shower facility; 2 story house/managers suite (currently adapted as additional rental unit); lawns, fruit trees, garden beds, all with watering system in place. Many recent upgrades include roofs, carpets, furniture, paint. A turn-key operation with manager and cleaning staff in place.
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