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:4069)
| Address |
867 17TH AVENUE |
| List Price |
$1,399,900 |
| Property Type |
Business |
| Area |
British Columbia |
| Sub-Area |
Prince George |
| Floor Area |
62,400 Sq. Ft. |
| Lot Size |
0.43 Sq. Ft. |
| Year Built |
1954 |
| MLS® Number |
C8060682 |
| Listing Brokerage |
Maxsave Real Estate Services
|
| Postal Code |
V2L3Y5 |
