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1405 Hwy 97 S
Williams Lake, BC V2G 2W3
Cariboo Motel on HWY 97 · Hospitality Property For Sale
·
24 Rooms
EXECUTIVE SUMMARY
This very popular motel has easy access and great views over the lake and city.
The motel consists of 24 units in 5 buildings, one of which is the lobby and living area. The living area has 3 bedrooms and 2 bathrooms.
The motel is conveniently located near restaurants, and walking to distance to downtown, stampede grounds and other amenities.
The current owners have had the motel for nearly 20 years and are now ready to retire. They have built a remarkable business based on travellers, workers and tourists, many of whom are repeat customers. An important fact is they don’t use any booking engines like Expedia etc.
GBA IS APPROX. *****
The motel consists of 24 units in 5 buildings, one of which is the lobby and living area. The living area has 3 bedrooms and 2 bathrooms.
The motel is conveniently located near restaurants, and walking to distance to downtown, stampede grounds and other amenities.
The current owners have had the motel for nearly 20 years and are now ready to retire. They have built a remarkable business based on travellers, workers and tourists, many of whom are repeat customers. An important fact is they don’t use any booking engines like Expedia etc.
GBA IS APPROX. *****
PROPERTY FACTS Under Contract
| Price Per Room | $116,250 CAD | Building Size | 12,736 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1958/2012 |
| Property Subtype | Hotel | Parking Ratio | 2.83/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.45 AC | ||
| Zoning | CS3 - Highway Commercial | ||
| Price Per Room | $116,250 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.45 AC |
| Building Size | 12,736 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built/Renovated | 1958/2012 |
| Parking Ratio | 2.83/1,000 SF |
| Corridor | Exterior |
| Zoning | CS3 - Highway Commercial |
AMENITIES
- Balcony
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $154.00 CAD | - |
| Guest Room | 18 | $136.00 CAD | - |
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