48,000 SF LOT with 48 Rooms Motel for Sale in Dawson Creek

Dawson Creek, BC

Seller Financing Available

listing image
Asking Price:$1,880,000
Real Estate:$1,880,000
Cash Flow:$25,000
BUSINESS DESCRIPTION

Brand New Listing for the Peace Villa, a motel located at 1640 Alaska Ave, Dawson Creek, BC. The property consists of three lots with a total land area of 48,780 square feet. The motel was built in two stages, with the West Wing constructed in 1972 and the South Wing in 1978. It features 48 suites, a full basement, and a manager's suite.

The property has undergone recent renovations, including a roof replacement in 2022, an upgrade to the manager's suite in 2023, and electrical and mechanical upgrades throughout. The 2024 property assessment is $1,754,800, and the property taxes for 2024 are $42,814.36.

The asking price for the property is $1,880,000

If renovated with $30,000 per room, then there are great more potential to increase higher profits that you will be very satisfied with. The listing also includes a renovation plan with projected room rates and occupancy rates.

Send us email request for further information package at teameugeneoh@gmail.com


DETAILED INFORMATION
Location
Dawson Creek, BC
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
48,000

BUSINESS LOCATION
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Eugene Oh
Eugene Oh