429 MURTLE CRES, Clearwater

2024-08-30
 

Quick Summary

Location
429 MURTLE CRES, Clearwater, British Columbia
Price
$4,280,000 CAD
Status:
For Sale
Property Type:
Business

MLS®#180592

Property Description

Profitable investment with a CAP RATE around 20%. The Ace Western Motel in Clearwater, BC, offers 42 rooms, including 4 kitchenettes and a two-bedroom manager's suite. Centrally located on 1.25 acres along the high-traffic #5 Highway, the motel attracts workers from industries like pipelines, forestry, utilities, and more, as well as tourists from Europe and locally who come to explore the Rockies. Clearwater is the gateway to Wells Gray Provincial Park, reowned for its spectacular waterfalls and outdoor activities like whitewater rafting, hiking, and fishing. The motel is just over an hour from Kamloops, three hours from Jasper, and five hours from the Lower Mainland. This is a rare opportunity. Don't miss out. For inquiries, please contact the listing agent only. Do not approach the owner or staff. (id:32467)

Property Features

Building

  • Fireplace: No

Land

  • Land Size: 1.25 ac

Ownership

  • Type: Freehold

Information entered by Sutton Group - 1st West Realty
Listing information last updated on: 2024-08-30 17:18:04


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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.

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