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  • 867 17TH AVENUE in PG City Central: Business for sale : MLS®# C8053681

    867 17TH AVENUE PG City Central V2L 3Y5
    Main Photo: 867 17TH AVENUE in PG City Central: Business for sale : MLS®# C8053681

    867 17TH AVENUE PG City Central V2L 3Y5

    $1,299,000
    Business
    Status:
    Active
    MLS® Num:
    C8053681
    Major Bus.:
    Accommodation
    Minor Bus.:
    Hotel/motel
    Floor Area:
    6,240 sq. ft.
    **Update Aug 31st/23** Accepted offer has collapsed due to financing. Will look at new offers September 8th 2023. This profitable well-kept turn-key motel has fantastic financials and an awesome established clientele that just keeps coming back. The Prince George Motor Court has 14 renovated stand-alone cabins/units and a caretaker/manager suite all rented at $4140 per week for a total fully rented return of $17,900 per month. Revenues could be increased by moving to a per night rental model, Air BnB, and/or renting the manager suite but the current business model of renting cabins by the week keeps the expenses low and make the property super it easy to manage. Primary clientele include Canadian National Railways, Road construction crews, and short-term management contractors. Net (not Gross) revenues in 2023 were over $141,000. Share sale only. Financials available on request. (id:2493) More details
    Listed by Maxsave Real Estate Services
    LISTING DETAILS
    Mike Hurrell - PREC*
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Data was last updated September 30, 2023 at 12:45 PM (UTC)
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