856-870 Ross St - Apartments FOR SALE


Quesnel, BC V2J 2L5
$1,180,000 CAD
604-684-8844
856-870 Ross St, Quesnel, BC for Sale
$1,180,000 CAD
Apartments - FOR SALE
1/18
null | 10.28% Cap Rate

856-870 Ross St
Quesnel, BC V2J 2L5


HIGHLIGHTS

  • 25 room motel, 96% occupancy
  • Highway frontage, 0.65 Acres
  • Assumable mortgage OAC.

OVERVIEW

The RiverFront Inn is a 25 room inn located at the northern end of the city. With 370’ of frontage and direct Highway 97 exposure, the hotel enjoys strong occupancy and income year round. Rooms have been recently updated, attracting new patrons and room rates. The large site and ample parking could see additional hospitality expansion or commercial service enhancement. Assumable mortgage OAC. From the appraisal sketch, there are 25 (20+5) units + an office. The office area includes 3 bedrooms, office, kitchen, bathroom and living room. The office building has the following units: 20, 42, 43, 44, 45. The Motel building has 20 units.

FOR SALE DETAILS

PRICE

$1,180,000 CAD

PRICE/SF

$41 CAD /SF

# OF UNITS

25

PRICE/UNIT

$47,200

CAP RATE

10.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quesnel RiverFront Inn

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Eugen KleinRoyal LePage Westside Klein GroupMore Info
604-684-8844

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Eugen KleinRoyal LePage Westside Klein GroupMore Info
604-684-8844

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