Property Motel / Senior Home Potential
Location British Columbia,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $200000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1969
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retiring.
Description Location! Location! Location!
The Okanagan is where the sun is hot, golfing incredible, lakes enjoyable, wineries plentiful, and the ski slopes fantastic. Vernon is not your average Canadian city, and there is definitely no better place on earth - the HAWAII of Canada -the Okanagan Valley.
If you are thinking of living in Canada, why not in the best place in Canada, and make a successful business for yourself and your family. Enjoy the lifestyle that the Okanagan will offer you - golfing, skiing, and convenient access to some of the most beautiful lakes.
okanaganvisitor.ca/
okanagan.com/
vernontourism.com/
This is a place where you can appreciate the beauty of a great lifestyle and choose how to run and manage a business in your way.
PROPERTY Located in downtown Vernon, at the corner of 2 main highways.
Property is 0.558 ac. See plans attached.
One of the best and most valuable locations in Vernon - The potential is FANTASTIC.
- Two blocks from the hospital/.
- Directly across from shopping, restaurants, and the city park.
- Next to a newly constructed medical office building (opening in May of 2012).
As is right now, the property has a 3 storey motel with 27 individual rooms, each with private balcony.
This property has a much greater potential then the motel. There have been many inquiries to convert or upgrade to an assisted living seniors home. This is your opportunity to create a long-term, stable profitable business.
Prospective drawings have been started after some research. See pics attached. The estimate cost of upgrade between five and six hundred thousand, which will include an elevator, main floor kitchen, and eating facility, and other essential upgrades.
Asking Price: $1.35 million.
Contact: Ted by phone 250.862.9287
Click Here To Contact Seller
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