Lakeview Motel, 6002 89th St, Osoyoos Okanagan

$1 515 000
Property type: Hotel/Motel
Units
21
Price Per Unit
72,143
Cap Rate
9.00

Specifications

  • Land Size: 32,670 Sq Ft
  • Year Built: 1968
  • Zoning: C-4
  • Property Taxes (2015): $16,653

Description

SOLD Lakeview Motel, 6002 89 St, Osoyoos.  Represented the buyer of this motel is located in a quiet lakeview location in Osoyoos. It is quiet, located just across the street from the lake and a few hundred feet from a public beach.

This business has 1-bedroom and 2-bedroom units with full kitchens which makes it very popular with snowbirds from Alberta, Saskatchewan and Manitoba that want to spend the winter in Osoyoos area. Work crews also come as it offers self-catering facilities.

The two bedroom living area is spacious, comfortable, and offers a great view. The living quarters also adjoins one of the rental units and if needed, could be part of the living area.

The laundry area has been redone and upgraded with newer equipment. This area adjoins the office area for a convenient operation.

There is a beautiful pool and barbeques that help create a nice resort-like experience for guests.

If you want a solid money making motel operation in the Okanagan close to the lake, then this is a must see!

Contact the Agent

Seth Baker

Managing Broker & Owner
Phone
(778) 235-9293
Fax
(778) 650-0350
Address
119 W Pender St, Suite 104
Vancouver, BC, V6B 1S5
Combine bold entrepreneurship, unique data analysis and elite salesmanship, and you have Seth Baker. As Owner of Multifamily Real Estate Services, Seth takes on challenging responsibilities, such as founding his own real estate brokerage company and selling some of the world’s most valuable apartment buildings. He is a master communicator and skillful analyst. His impressive technology background allows him to maintain priceless market data while building powerful relationships with multifamily investors and developers. Ask him about how to get people to agree. It’s his secret talent. Seth Baker has led an impressive career in real estate brokerage. He is personally responsible for more than $87,000,000 in real estate sales, a number that’s growing daily.  He has contributed to a number of industry organizations including LandlordBC, Vancouver Board of Trade, BC Non-Profit Housing Association, Greater Vancouver Home Builders Association and Urban Development Institute. He received his Managing Broker’s Licence through UBC’s…




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