Being offered is this unique investment opportunity with two diversified income streams. This offer consists of the Summerland Motel which has 31 motel units and the Sunoka Apartments which has 25 rental suites. These two properties are adjacent to each other and are on separate titles. Each property has its own access The apartment consists of 16 studios and 9 – 1 bedroom. Typically occupancy is at or near 100 %. The motel is a 2 story with 31 units one of which could be used for a manager's suite. (id:41613)

Full Address:
6203 Willow Avenue, Summerland, British Columbia
Price:
$ 8,950,000
MLS Number:
10331140
List Date:
January 6th, 2025
Neighbourhood:
Trout Creek
Lot Size:
1.38 ac
Taxes:
$ 42,115

Property Specifications

Air Conditioning:
Wall unit
Heating:
Electric, See remarks

Interior Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Tar & gravel, Unknown
Zoning:
Unknown
Garage:
Stall

Building Features

Floors

Lot Size:
1.38 ac
Lot Features:
Level lot, Balcony/Deck/Patio
Current Use:
Mixed use

Land

Neighbourhood Features

Amenities Nearby:
High Traffic Area

Ratings

Commercial Info

Location

Mortgage Calculator

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Neighbourhood Details

Agent: Larry BerisoffBrokerage: RE/MAX Kelowna Phone: 250-878-7417

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