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867 17TH AVENUE, Prince George
2024-06-10
Quick Summary
- Location
- 867 17TH AVENUE, Prince George, British Columbia V2L3Y5
- Price
- $1,399,900
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 62400ft2
- Year of Construction:
- 1954
MLS®#C8060682
Property Description
Wow this cash cow turnkey motel currently has an 8.55% ROI aa operated with the potential to grow it to 27.22% ROI with some very small changes to the business model. Currently owner occupied and managed since 1972, it is in excellent condition and centrally located close to all Prince George amenities. The Prince George Motor Court has 14 renovated stand-alone cabins/units and a caretaker/manager suite generating on average $17,940 cash flow per month. Room rates have not changed in many years and are well overdue for an increase OR convert to an airBnB model with hands-off management and let your cash cow grow. Share sale only (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 62400 sqft
Land
- Land Size: 0.43 ac
Information entered by Maxsave Real Estate Services
Listing information last updated on: 2024-09-19 16:56:50
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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