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7414 97 Street, Osoyoos
2025-12-01
Quick Summary
- Location
- 7414 97 Street, Osoyoos, British Columbia V0H1V5
- Price
- $1,875,000
- Status:
- For Sale
- Property Type:
- Hospitality
- Area:
- 7500 sqft
- Year of Construction:
- 1956
MLS®#10370254
Property Description
Opportunity to purchase the Boundary Motel, a unique investment opportunity in the Osoyoos area of the South Okanagan! This prime 1.72-acre property in Osoyoos offers a unique investment opportunity with multiple income streams. The property includes a 14-room motel, a 6-plex, and 7 mobile home pads. The motel and 6-plex are zoned C1 (Highway Commercial) while RSM (Residential Manufactured Home Park) zoning encompasses the manufactured home section. The site is serviced by city water and sewer and is located in a high-traffic area along Highway 97 to the South of the primary town of Osoyoos. At the asking price, the property is offered at a 6.95% cap rate, which includes a manager's salary as an expense. For the right investor, this could be an opportunity to continue the existing cash flow of the property and take advantage of lowering interest rates, all being possible without running the motel in a ""hands-on"" way. Several opportunities exist to further increase the property's income stream. Modernizing booking systems, leveraging high season pricing, and renovating the motel, to name a few. Likewise, there is an upside for the manufactured home rents to be increased with tenant turnover. The manufactured homes themselves are not included as assets; they are owned by the tenants. Properties with three separate revenue streams do not often come to market. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 7500 sqft
- Building Type: Other
- Utility Water: Municipal water
Land
- Land Size: 1.72 ac|1 - 5 acres
- Sewer: Municipal sewage system
Information entered by Sotheby's International Realty Canada
Listing information last updated on: 2025-12-01 20:49:24
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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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