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1007 SPARKS Drive
FVREB Out of Town No City Value V0X 1N2

$1,100,000
Multi-Family Commercial, Business with Property

Main Photo: 1007 SPARKS Drive in No City Value: FVREB Out of Town Multi-Family Commercial for sale : MLS® # C8016074
Prop. Type:
Multi-Family Commercial, Business with Property
MLS® Num:
C8016074
Status:
Active
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Cottage/Cabin Rentals
Build. Type:
Freestanding
Excellent revenue producing 12 unit motel on 1.36 acres with monthly rentals as well as nightly. Just 2 blocks to downtown Keremeos and 1/2 drive to Penticton. Walk to closest winery and only 5 min drive to many more. Great Air B&B potential. Current owner has never done. Well maintained clean units with good long term tenants. Live on site in 2 bedroom home or have manager look after and reap the rewards. Currently grossing 9K a month with potential for much more. Call for appointment and more details.
Sale Type:
Asset
Property Type:
Multi-Family Commercial, Business with Property
Business Name:
SUNSET MOTEL
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Cottage/Cabin Rentals
Construction:
Mixed
Building Type:
Freestanding
# Units:
13
Land Use/Zoning:
C2
Taxes:
$6,571 / 2017
Services Connected:
Cable, Electricity, Natural Gas at Lot Line, Natural Gas, Telephone, Sanitary Sewer, Sanitary sewer at Lot Line, City Water
Water Supply:
Municipal
HVAC:
Mixed
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$155,760
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
  • Photo 1: 1007 SPARKS Drive in No City Value: FVREB Out of Town Multi-Family Commercial for sale : MLS® # C8016074
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  • Photo 4: 1007 SPARKS Drive in No City Value: FVREB Out of Town Multi-Family Commercial for sale : MLS® # C8016074
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  • Photo 5: 1007 SPARKS Drive in No City Value: FVREB Out of Town Multi-Family Commercial for sale : MLS® # C8016074
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  • Photo 8: 1007 SPARKS Drive in No City Value: FVREB Out of Town Multi-Family Commercial for sale : MLS® # C8016074
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Larger map options:
Mission City Realty
Listing information last updated on 31-Dec-2017 5:05 PM
TREVOR BRUCKI | Residential Specialist
RON WALL | Commercial Specialist