2100 Cres Crestview - Hospitality FOR SALE


Castlegar, BC V1N 3B3
$2,100,000 CAD
604-866-5585
2100 Cres Crestview, Castlegar, BC for Sale
$2,100,000 CAD
Hospitality - FOR SALE
1/5
null | 6.91% Cap Rate

2100 Cres Crestview
Castlegar, BC V1N 3B3


HIGHLIGHTS

  • Comprised of 22 newly renovated residential units providing move-in ready accommodations.
  • Centrally located in Castlegar with easy access to retail, dining, and local services.
  • Heating provided by baseboard systems with window air conditioning in place.

OVERVIEW

This offering presents a strong investment opportunity in Castlegar, British Columbia. Positioned on a 1.54-acre site, the property features 22 turnkey residential units, all recently renovated to meet contemporary standards. Located in the heart of Castlegar, the site benefits from close proximity to essential shopping, dining, and essential services. Castlegar serves as a central hub in the West Kootenay region, offering connectivity via Highway 3 and regional air travel through West Kootenay Regional Airport.

FOR SALE DETAILS

PRICE

$2,100,000 CAD

PRICE/SF

$281 CAD /SF

# OF ROOMS

18

PRICE/ROOM

$116,667 {currency}

CAP RATE

6.91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cozy Pines Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,047 SF

ZONING

R-4

APN/PARCEL ID

005-351-502

ASK ABOUT THIS PROPERTY

Rod FriesenRod Friesen & AssociatesMore Info
604-866-5585

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Rod FriesenRod Friesen & AssociatesMore Info
604-866-5585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.