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The Rainbow Inn 5510 BC-16 12 Room Hotel Terrace, BC V8G 0C6 $2,300,000 CAD ($191,667 CAD/Room)
Executive Summary
This offering presents a rare opportunity to acquire a turn-key motel and RV property in Terrace, B.C. Rainbow Inn Motel & RV Park features 22 renovated guest rooms, 10 fully serviced RV pads, and a detached manager's residence, all situated on a 1.36-acre site with prominent frontage along Highway 16.
It's strategically located along the primary transportation corridor connecting Terrace to Prince Rupert and Kitimat. Extended-stay demand from international tourists, resource workers, medical visitors, and government personnel supports stable year-round occupancy. Over $200,000 in recent capital improvements have been completed, positioning the property in move-in-ready condition with minimal near-term capital requirements.
It's strategically located along the primary transportation corridor connecting Terrace to Prince Rupert and Kitimat. Extended-stay demand from international tourists, resource workers, medical visitors, and government personnel supports stable year-round occupancy. Over $200,000 in recent capital improvements have been completed, positioning the property in move-in-ready condition with minimal near-term capital requirements.
Property Facts
| Price | $2,300,000 CAD | Building Size | 4,875 SF |
| Price Per Room | $191,667 CAD | No. Rooms | 12 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1955 |
| Property Subtype | Hotel | Parking Ratio | 1.5/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.36 AC | ||
| Zoning | CT | ||
| Price | $2,300,000 CAD |
| Price Per Room | $191,667 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.36 AC |
| Building Size | 4,875 SF |
| No. Rooms | 12 |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 1.5/1,000 SF |
| Corridor | Exterior |
| Zoning | CT |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | $75.00 CAD | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
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The Rainbow Inn | 5510 BC-16
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