1891 Parkinson Way, Kelowna, BC for Sale
Hospitality - FOR SALE
1/9
null | Request Cap Rate

1891 Parkinson Way
Kelowna, BC V1Y 7V6


HIGHLIGHTS

  • Heavy Highway Traffic
  • C2 Zoning
  • Redevelopment Opportunity

OVERVIEW

William Wright Commercial & CBRE Limited, National Apartment Group - BC have been retained on behalf of C. Cheveldave & Associates Ltd. (the Court Appointed Liquidator of Witmar Holdings Ltd.), to seek offers for the disposition of The Recreation Inn (1891 Parkinson Way, Kelowna). The Recreation Inn is located in the heart of Kelowna, offering stable holding income and very strong redevelopment potential. The offering presents a compelling opportunity to acquire a strategically located 49-room, two-storey motel property, along with the adjacent lands at 1864 Harvey Avenue (see other listing for more details). This property forms part of a larger portfolio sale including the adjacent lands and the Dilworth Inn. Please reach out for more details including the CA for access to the property data room and information about the sales process which will include a bid date.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

49

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Recreation Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

C2

APN/PARCEL ID

003-826-465

ASK ABOUT THIS PROPERTY

Shelby KostyshenWilliam Wright CommercialMore Info

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